LENS to Hold 2026 AGM on 8 May; Shareholders to Vote on 11 Key Resolutions, Including 2025 Financials and New H-Share Mandate

Bulletin Express04-15 20:43

Lens Technology Co., Ltd. (abbrev. “LENS”) has circulated its proxy form to H-shareholders ahead of the Annual General Meeting (AGM) scheduled for 2:30 p.m. on 8 May 2026 at the company’s headquarters in Changsha, Hunan Province. Investors are being asked to consider and vote on 11 resolutions that collectively cover governance, financial reporting, capital management and corporate authorizations.

1. Governance Framework • Amendments to the Articles of Association and the Independent Director Working Rules (Resolutions 2 and 3) have been tabled as special resolutions, signalling targeted updates to the company’s corporate governance structure. • A new Remuneration Management System for directors and senior management, along with the 2026 remuneration plan, will also be put to vote (Resolutions 8 and 9).

2. Financial Reporting and Profit Distribution • Shareholders will review the Board’s 2025 Work Report (Resolution 1) and the 2025 Final Financial Accounts (Resolution 4). • The 2025 Profit Distribution Plan, together with a proposal authorising the Board to determine the 2026 interim profit distribution, forms Resolution 5. • A Special Report on the Deposit, Management and Use of 2025 Proceeds (Resolution 6) is up for approval, underscoring continued oversight of capital deployment.

3. External Auditors and Subsidiary Guarantees • Management seeks endorsement for the re-appointment of external auditors for 2026 (Resolution 7). • Resolution 10, designated a special resolution, requests approval to provide guarantees for subsidiaries, enabling operational and financing flexibility across the group.

4. Capital Market Agenda • Resolution 11, also a special resolution, asks shareholders to grant a general mandate to issue additional H shares, allowing the company to raise capital expediently when market conditions are favourable.

Proxy Submission Details Completed proxy forms, together with any required power of attorney documents, must reach the company’s H-share registrar, Computershare Hong Kong Investor Services Limited, by 2:30 p.m. on 7 May 2026 (Hong Kong time). Completion of a proxy form does not preclude shareholders from attending and voting in person.

The AGM will proceed in accordance with Chinese and Hong Kong regulatory requirements, and any duly passed resolutions will shape LENS’s operational, financial and governance roadmap for 2026.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment