CITIC Securities Company Limited disclosed the poll results of its 2025 Annual General Meeting (AGM) held on 26 June 2026 in Beijing. Shareholders endorsed every item on the agenda, including board reports, director remuneration, auditor re-appointment, investment and financing plans, related-party transaction caps, and amendments to the Articles of Association.
Attendance and Voting Structure • Total share capital eligible to vote: 14.82 billion shares. • Shares represented at the AGM: 5.84 billion, equating to a 39.39% turnout. • A-share investors accounted for 4.27 billion shares, or 28.80% of total voting shares; H-share investors represented 1.57 billion shares, or 10.58%.
Key Voting Outcomes 1. 2025 Work Report of the Board – Approved with 99.76% of votes cast in favour. 2. 2025 Director Remuneration – Approved with 99.84% support. 3. Re-appointment of Auditors – Backed by 99.84% of votes. 4. 2026 Proprietary Investment Budget – Passed with 99.59% support. 5. 2026 Financing Guarantee Plan – Endorsed with 99.12% support; H-share opposition stood at 2.13%. 6. Related-party/Continuing Connected Transactions (three sub-items) – All cleared, each receiving at least 99.72% affirmative votes after excluding abstaining related parties. 7. Amendments to the Remuneration Management System – Approved with 87.91% support; H-shareholders showed a lower approval rate of 74.22%. 8. 2025 Duty Performance Report of Independent Non-executive Directors – Passed with 99.76% support. 9. Amendments to the Articles of Association – Passed as a special resolution with 99.87% support, exceeding the required two-thirds majority.
Related-Party Abstentions • China CITIC Financial Holdings Co., Ltd., holding 2.30 billion A-shares and 0.64 billion H-shares (19.84% of total capital), abstained from voting on resolution 6.01. • Guangzhou Yuexiu Capital Holdings Group Co., Ltd. and related entities, collectively holding 1.27 billion shares (approximately 8.55% of total capital), abstained from voting on resolution 6.02.
Minority A-shareholder Vote Regulatory-required separate tallies showed minority A-shareholders endorsed all relevant resolutions, though support for the remuneration system amendment (Resolution 7) was comparatively lower at 84.71%.
Compliance and Governance King & Wood, legal advisors to the company, confirmed the AGM’s convening procedures, attendee qualifications, and voting process were lawful and valid.
Leadership Attendance All 15 board directors participated, with Chairman Zhang Youjun presiding onsite. Senior management, external legal counsel, and representatives from Computershare Hong Kong Investor Services Limited oversaw vote-counting and scrutiny.
The comprehensive approval of all resolutions provides CITIC Securities with shareholder backing for its 2026 investment and financing initiatives, revised governance documents, and related-party transaction frameworks.
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