Hanfort Development AGM: Shareholders Unanimously Back All 12 Resolutions, Green-Light Bye-law Upgrade

Bulletin Express06-25

Hanfort Development Holdings Limited convened its annual general meeting on 25 June 2026, reporting 100.00% shareholder support for every resolution on the agenda. A total of 3.25 billion votes were cast—equivalent to 55.63% of the 5.85 billion shares in issue—via poll at the Hong Kong meeting venue and through electronic participation.

Key outcomes:

• Financial Statements Adopted The audited consolidated results for the year ended 31 December 2025, together with the directors’ and auditor’s reports, were approved without opposition.

• Board Composition Confirmed Executive Director Liu Jincheng, Non-executive Director Sun Xiongfei, and Independent Non-executive Directors Choi Sum Shing Samson, Jiang Haiyan, and Wu Weifeng were each re-elected with 100.00% of votes cast. The board is also authorised to determine directors’ remuneration.

• Auditor Re-appointed Grant Thornton Hong Kong Limited retains its mandate as external auditor; the board is authorised to fix its remuneration.

• Share Issue and Buy-back Mandates Renewed Shareholders granted general mandates allowing the board to issue new shares, repurchase existing shares, and extend the issue mandate by the amount of shares repurchased—all with unanimous approval.

• Bye-laws Updated A special resolution to adopt the Third Amended and Restated Bye-laws achieved 100.00% support, comfortably exceeding the 75% threshold required.

Administrative details:

• No shareholders were required to abstain, and no special conditions under Hong Kong Listing Rule 13.40 applied. • Tricor Investor Services Limited acted as scrutineer for vote counting.

With every proposal receiving full backing, Hanfort Development enters the new financial year with refreshed corporate authorities and an unchanged board, positioning the company to execute its strategic and governance plans under the newly amended Bye-laws.

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