Chervon Holdings Limited will convene its 2025 Annual General Meeting on 18 May 2026 at 99 West Tian-Yuan Road, Nanjing, at 10:00 a.m. Shareholders will be asked to approve the fiscal-year 2025 audited accounts, a final dividend, director re-elections, auditor re-appointment and new share mandates.
Key resolutions to be tabled:
1. Financial statements and dividend • The board recommends a final dividend of HK$0.4469 per share for the year ended 31 December 2025. • Shareholders will vote to receive the audited consolidated financial statements together with the directors’ and auditors’ reports for FY2025.
2. Board composition and remuneration • Re-election of executive directors Mr Ke Zuqian and Mr Michael John Clancy, and independent non-executive director Mr Jiang Li. • The board seeks authorization to determine directors’ remuneration.
3. Auditor re-appointment • KPMG is nominated for re-appointment as external auditor, with the board empowered to fix its remuneration.
4. Capital management authorities • Share buy-back mandate: authority to repurchase up to 10% of the company’s issued shares (excluding any treasury shares). • Issuance mandate: authority to allot, issue and deal with new shares up to 20% of the issued share capital (excluding any treasury shares). • Extension mandate: the issuance limit may be increased by the number of shares actually bought back under the 10% mandate.
Shareholders may appoint proxies to attend and vote; proxy forms must be lodged with Tricor Investor Services Limited no later than 48 hours before the meeting. All resolutions will be decided by poll.
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