China Treasures New Materials Group Ltd. held its 2026 annual general meeting (AGM) on 25 June 2026 in Changchun, Jilin. Shareholders representing 501.90 million shares—41.83% of the 1.20 billion issued shares—voted, and every resolution received unanimous support with zero votes against.
Key outcomes:
1. 2025 Financial Statements • The audited consolidated financial statements for the year ended 31 December 2025, together with the directors’ and independent auditor’s reports, were adopted.
2. Board Composition • Executive directors Ms. Zhang Yuqiu and Mr. Shan Yuzhu, and independent non-executive director Dr. Lai King Yin were re-elected.
3. Director Remuneration • The board was authorised to set directors’ remuneration for the 2026 financial year.
4. Auditor Appointment • Forvis Mazars CPA Limited was reappointed as independent auditor for FY2026, with remuneration to be fixed by the board.
5. Share Issuance and Buy-back Mandates • A general mandate allowing the board to allot, issue and deal with additional shares was renewed. • A separate mandate permitting share buy-backs was granted. • An extension mandate was approved, enabling the board to add repurchased shares to the issuance mandate.
Governance and Process:
• No shareholder was required to abstain from any resolution, and no votes were cast against or withheld. • Tricor Investor Services Limited acted as scrutineer. • All directors attended the AGM in person or electronically.
With full approval on all seven ordinary resolutions, the company retains operational flexibility through renewed capital mandates while confirming continuity in board leadership and auditor oversight.
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