CNNC INT'L Sets 29 May 2026 AGM; Proposes 10% Share Buy-Back and 20% Issuance Mandates

CNNC International Limited has issued a notice convening its 2026 Annual General Meeting (AGM) for 29 May 2026 at 2:00 p.m. at the Harbour Grand Hong Kong, North Point. Key matters to be tabled include adoption of the 2025 audited results, director re-elections, remuneration authorisations, auditor re-appointment, and new share mandates.

Major agenda highlights

1. Financial statements: Shareholders will review the audited consolidated financial statements, directors’ report and auditor’s report for the year ended 31 December 2025.

2. Board refresh: Non-executive directors Li Feng, Wu Ge and Sun Ruofan, together with independent non-executive director Chan Yee Hoi, are up for re-election.

3. Remuneration: The board seeks authority to determine directors’ fees.

4. Auditor: SHINEWING (HK) CPA Limited is nominated for re-appointment, with fees to be set by the board.

Capital management mandates

• Share buy-back: Directors request authority to repurchase up to 10% of issued shares (excluding any treasury shares) on the Hong Kong Stock Exchange or other recognised venues during the mandate period, ending at the next AGM or earlier if revoked. • New issue mandate: The board seeks approval to allot, issue or deal with new shares— including disposal of treasury shares—up to 20% of issued share capital. • Extension: Conditional on passage of the above two resolutions, the issuance mandate may be extended by the shares actually repurchased, adding up to a further 10% of issued shares.

Administrative details

• Register closure: Share transfer registration will be suspended from 26 May 2026 to 29 May 2026 (both dates inclusive). Shareholders must lodge transfer documents by 4:30 p.m. on 22 May 2026 to qualify for AGM attendance and voting. • Proxy arrangements: Forms of proxy must reach the company’s Hong Kong branch share registrar, Computershare Hong Kong Investor Services Limited, at least 48 hours before the AGM.

Board composition

As of the notice date (27 April 2026), the board consists of Chair and Non-executive Director Li Feng, Executive Director and CEO Zhang Yi, Non-executive Directors Wu Ge and Sun Ruofan, and Independent Non-executive Directors Cui Liguo, Chan Yee Hoi and Liu Yajie.

Shareholders are encouraged to review the detailed AGM circular and exercise their voting rights in person or via proxy submission before the stated deadline.