China Baoli Technologies (00164) has called its Annual General Meeting (AGM) for 25 August 2026, 3:00 p.m. at Unit 3302, 33/F, Shun Tak Centre West Tower, Sheung Wan, Hong Kong. Shareholders will decide on four core resolutions: board renewals, auditor re-appointment, refreshed share issue and buy-back authorities, and an extension mandate.
The Board proposes re-electing four directors—Chairman Wang Bin, CEO Chu Wei Ning, Executive Director & Company Secretary Lam Sze Man, and Independent Non-Executive Director Michael Chan (in a separate resolution as he will exceed nine years in office post-August 2026). The Nomination Committee has confirmed the independence of all INEDs and recommends their re-election.
Forvis Mazars CPA Limited is nominated for re-appointment as external auditor for the financial year ending 31 March 2027. The audit fee is estimated at HK$1.25 million–HK$1.35 million, excluding out-of-pocket expenses.
Share-capital authorities will be refreshed: • Issue Mandate: Directors may allot and issue up to 20% of the share capital in issue on the approval date—equivalent to a maximum 69.85 million new shares based on the 349.26 million shares outstanding as at 27 July 2026. • Buy-back Mandate: The Company may repurchase up to 10% of issued shares, or 34.93 million shares, over the mandate period. Repurchased shares may be cancelled or retained as treasury stock in line with revised HKEX rules effective 11 June 2024. • Extension Mandate: Shares repurchased under the Buy-back Mandate can be added to the Issue Mandate limit.
All mandates will lapse at the earlier of (i) the 2027 AGM, (ii) the deadline prescribed by Bermuda law/Bye-laws for holding the next AGM, or (iii) any earlier revocation by shareholders.
Voting at the AGM will be conducted by poll. The share register closes from 19–25 August 2026; transfers must be lodged by 4:30 p.m. on 18 August 2026 for eligibility to vote.
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