China Huajun Group Limited will convene a special general meeting (SGM) on 26 August 2026 at 10:00 a.m. on the 18th Floor, 9 Queen’s Road Central, Hong Kong. Shareholders will vote on two key resolutions:
1. Debt Capitalisation and Share Issuance • Settlement Agreement: Executed on 21 June 2026 between the Company and an unnamed creditor to convert outstanding debt into equity (the “Debt Capitalisation”). • Specific Mandate: Subject to Hong Kong Stock Exchange approval for listing and dealing, directors seek authority to allot and issue new “Capitalisation Shares” required under the Settlement Agreement. The mandate will be in addition to existing authorisations. • Implementation Authority: Any director may execute documents and take actions necessary to complete the transaction.
2. Whitewash Waiver • The Company requests shareholder approval of a waiver from the Securities and Futures Commission that would exempt the creditor—together with parties acting in concert—from the obligation to make a mandatory general offer upon completion of the Debt Capitalisation.
Administrative Details • Record Date: Shareholders on the register as of 26 August 2026 are eligible to vote. • Share Transfer Cut-off: Transfer documents must be lodged by 4:00 p.m. on 20 August 2026. The register will be closed from 21 to 26 August 2026, inclusive. • Voting Method: Poll voting will be adopted. • Contingency: If Typhoon Signal No. 8, a black rainstorm warning, or “extreme conditions after super typhoons” is in force after 7:00 a.m. on the meeting day, the SGM will be postponed, with details to be announced on the company and HKExnews websites.
Board Composition As of the announcement date (4 August 2026), the board comprises four executive directors—Yan Ruijie (Chairman and CEO), Chen Yun, Li Dayi, and Wang Xiaomei—and three independent non-executive directors—Mok Yi Kwo, Ding Xingfu, and Zhu Fang.
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