China Galaxy Securities (CGS) has issued a circular dated 5 August 2026 convening its second Extraordinary General Meeting (EGM) of the year for 10:00 a.m. on 25 August 2026 at Conference Room M1919, Qinghai Finance Building, Beijing.
Key agenda items are:
1. Election of Robert Lee Wai Wang as Independent Non-Executive Director (INED) • Lee, aged 46, holds a master’s degree in organisational dynamics from the University of Pennsylvania and brings more than 20 years of Hong Kong financial-services experience. • Current positions include Chairman of Grand Finance Group, Executive Director of Xin Yongan International Securities and INED of Value Partners Group. He also serves in the 7th and 8th Hong Kong Legislative Council, representing the Financial Services Functional Constituency. • Term: from EGM approval to the end of the fifth-session board. • Remuneration: director’s fee of RMB0.15 million per annum plus RMB0.05 million for chairing a board committee or RMB0.03 million for committee membership. • The Nomination and Remuneration Committee and the Board confirm his independence under Listing Rule 3.13.
2. Amendments to the Plan on Authorisation Granted by the Shareholders’ Meeting to the Board of Directors • Strategic equity investments: the Board may approve aggregate annual investments up to 30 % of latest audited consolidated net assets and single projects up to 10 %. • Financial equity investments: full authorisation to the Board. • Bond (debt) investments: fully authorised. • Asset acquisitions and disposals: Board limits set at 5 % of latest audited net assets per transaction for fixed assets, technology systems, intangibles, foreclosed assets, investment properties and other non-financial assets. • Guarantees: single financing guarantee capped at 10 % of net assets; total guarantees capped at 50 %. • Debt financing: consolidated debt financing may not exceed 3.5 × net assets (excluding perpetual bonds), while total interest-bearing liabilities plus perpetual subordinated debt are capped at 5 × net assets. • Related-party transactions, establishment or adjustment of entities, and other operating matters are fully delegated to the Board, subject to prevailing laws and listing rules.
Voting arrangements • All resolutions will be decided by poll. • Proxy forms must reach Computershare Hong Kong Investor Services (H-shareholders) or the company’s Board Office (A-shareholders) by 10:00 a.m. on 24 August 2026. • The H-share register will be closed from 20 to 25 August 2026, inclusive.
The Board recommends shareholders vote in favour of both the ordinary and special resolutions.
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