Beijing Gas Blue Sky Holdings Limited (BG Blue Sky) has issued a notice convening its 2026 Annual General Meeting (AGM) for 29 May 2026 at 11:00 a.m. on the 2/F, 35-45B Bonham Strand, Sheung Wan, Hong Kong. Key items to be tabled include approval of FY 2025 financial statements, board elections, auditor re-appointment, and renewal of capital management mandates.
Financial Statements and Board Matters • Shareholders will be asked to receive and adopt the audited consolidated financial statements for the year ended 31 December 2025, together with the directors’ and independent auditor’s reports (Resolution 1). • Four directors are standing for re-election: executive directors Mr Wu Haipeng (Resolution 2) and Mr Li Xianning (Resolution 3), and independent non-executive directors Mr Xu Jianwen (Resolution 4) and Mr Cui Yulei (Resolution 5). • The board seeks authority to set directors’ remuneration (Resolution 6). • Ernst & Young is nominated for re-appointment as external auditor, with its fees to be fixed by the board (Resolution 7).
Capital Management Proposals • General Share Issue and Resale Mandate (Resolution 8): Directors request authority to allot and issue new shares—or sell/transfer treasury shares—up to 20% of the company’s issued share capital (excluding treasury shares) as at the approval date. The mandate covers the grant of options, warrants, bonds or debentures convertible into shares and will run until the earlier of the next AGM, the statutory deadline for that meeting, or revocation by shareholders. • Repurchase Mandate (Resolution 9): The board seeks authority to repurchase up to 10% of the company’s issued shares (excluding treasury shares) on the Stock Exchange or other recognised bourses during the same period. • Extension of Issue Mandate (Resolution 10): Subject to Resolutions 8 and 9 passing, the share issue limit could be increased by the volume of shares repurchased, effectively permitting additional issuance equal to a further 10% of issued capital.
Shareholder Logistics • Shareholders recorded on the register by 4:30 p.m. on 22 May 2026 will be eligible to attend and vote. The register will be closed from 26 May 2026 to 29 May 2026, inclusive. • Proxy forms must reach Tricor Investor Services Limited by 11:00 a.m. on 27 May 2026. • The meeting will proceed under Typhoon Signal No. 3 or below; Signal No. 8 or black rainstorm at 7:00 a.m. will trigger an adjournment, with details to be announced.
Board Composition As of the notice date (28 April 2026), BG Blue Sky’s board comprises executive directors Mr Li Weiqi (Chairman), Mr Wu Haipeng, Mr Li Xianning and Mr Yeung Shek Hin; non-executive director Mr Gao Ping; and independent non-executive directors Mr Xu Jianwen, Ms Hsu Wai Man Helen and Mr Cui Yulei.
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