Eastroc Beverage (Group) Co., Ltd. concluded its 2025 Annual General Meeting on 29 April 2026 in Shenzhen with decisive shareholder backing for every agenda item, paving the way for a sizeable cash payout and a bonus share issue.
Turnout and Voting • Shareholders (onsite, online and by proxy) holding 421.22 million shares—representing 74.58 % of the company’s 564.77 million issued shares—took part in the poll. • Each of the 10 ordinary and special resolutions secured well above the required majorities, with support ratios ranging from 94.48 % to 99.99 %.
Key Financial Resolutions 1. Profit Distribution Plan – Cash dividend: RMB25 per 10 shares (RMB2.50 per share), totalling approximately RMB1.41 billion (inclusive of tax). – Bonus shares: Issuance of three capitalization shares for every 10 existing shares, funded via capital reserve. – Record date (H shares): 14 May 2026; register of members closed 7–14 May 2026. – H-share dividend will be paid in Hong Kong dollars at an exchange rate of HKD1 = RMB0.876008.
2. Auditor Re-appointment – Re-appointment of the 2026 external auditor passed with 96.16 % approval.
3. Board and Independent Director Reports – Annual performance reports for directors and independent directors each received more than 99.98 % support.
Additional Authorisations • Guarantee limit for wholly owned subsidiaries in 2026: approved with 98.44 % in favour. • 2026 bank credit facility application: 99.92 % support. • Use of idle funds for cash management in 2026: passed with 94.48 % support. • Registered capital adjustment and related Articles amendments: 99.99 % support. • General mandate for on-market repurchase of A shares (covering purpose, class, amount, pricing and execution details): each sub-item garnered roughly 99.96 % approval.
Next Steps on Bonus Shares Capitalization A shares will be listed on the Shanghai Stock Exchange, while capitalization H shares will be cleared through CCASS once all regulatory conditions are satisfied. The company will announce the final distribution timetable and any necessary adjustments if its share capital changes before the record date.
Legal Confirmation DeHeng Law Offices affirmed that the AGM’s convening, procedures and voting results complied with PRC laws, securities regulations and the company’s Articles of Association, rendering all resolutions valid and effective.
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