AUX Electric will convene its 2026 annual general meeting (AGM) on 5 June 2026 at 14:00 (local time) at No. 1166 Mingguang North Road, Jiangshan Town, Yinzhou District, Ningbo, Zhejiang Province, PRC.
Key resolutions to be tabled include:
1. Financial Statements and Dividend • Shareholders will vote on adopting the audited consolidated financial statements for the year ended 31 December 2025. • The Board recommends a final dividend of RMB1.06 per share for FY 2025.
2. Board Composition • Eight incumbent directors are nominated for re-election: executive directors Mr Zheng Jianjiang and Mr Xin Ning; non-executive directors Mr Zheng Jiang, Mr He Xiwan and Ms Li Jian; independent non-executive directors Mr Xiang Wei and Dr Jing Xian. • Shareholders will also vote on the election of Ms Tang Mei Shan as an independent non-executive director. • The Board is seeking authority to determine directors’ remuneration.
3. Auditor Re-appointment • Ernst & Young is proposed for re-appointment as external auditor, with the Board authorised to fix its remuneration.
4. Share Issue and Repurchase Mandates • A general mandate allowing the Board to allot, issue and deal with additional shares up to 20% of issued share capital (excluding any treasury shares) will be considered. • A parallel mandate to repurchase shares up to 10% of issued share capital is also proposed, with flexibility to hold repurchased shares as treasury shares or cancel them. • Subject to approval of the above mandates, the issuance limit may be extended by the number of shares repurchased.
Shareholders of record are entitled to attend the AGM in person or by proxy, with proxy forms due to the Hong Kong share registrar by 14:00 on 3 June 2026 (Hong Kong time). Treasury shares, if any, will carry no voting rights.
Comments