CHONGQING M&E delays despatch of Capital Increase circular to 12 June 2026

Bulletin Express06-05 20:05

Chongqing Machinery & Electric Co., Ltd. (CHONGQING M&E) announced a postponement in sending out the shareholder circular related to the proposed capital increase of a controlling subsidiary. Originally scheduled for distribution on or before 4 June 2026, the circular will now be dispatched on or before 12 June 2026.

The company attributed the delay to the need for additional time to prepare and finalise information required in the document. The circular is expected to provide: 1. Further details on the capital increase transaction. 2. An advice letter from the Independent Board Committee to independent shareholders. 3. A recommendation letter from the Independent Financial Adviser. 4. Notice of the shareholders’ general meeting.

Chongqing M&E confirmed that all other information disclosed in the 22 May 2026 announcement remains unchanged. The board is led by Executive Director and Chairman Yue Xiangjun.

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