GCL Technology Sets 29 May 2026 AGM, Seeks Share Issuance and Buy-back Mandates

Bulletin Express04-29

GCL Technology Holdings Limited will convene its 2026 Annual General Meeting (AGM) on 29 May 2026 at 10:00 a.m. in Suzhou, Jiangsu. Shareholders registered by 4:30 p.m. on 22 May 2026 will be eligible to attend and vote; the register of members will be closed from 26 May to 29 May 2026.

Key agenda items include:

1. Financial Results • Review and adoption of the audited consolidated financial statements and the reports of directors and auditor for the year ended 31 December 2025.

2. Board Composition • Re-election of executive directors Mr Zhu Yufeng, Mr Zhu Zhanjun and Mr Lan Tianshi. • Re-election of independent non-executive director Dr Shen Wenzhong. • Authorisation for the Board to determine directors’ remuneration.

3. Auditor Appointment • Proposal to re-appoint Crowe (HK) CPA Limited as external auditor and authorise the Board to fix its remuneration.

4. Capital Management Mandates • General mandate permitting the Board, during the mandate period, to issue and deal with new shares up to 20% of the company’s issued share capital, inclusive of treasury share disposals. • Authority to buy back shares on the Hong Kong Stock Exchange or other recognised exchanges, capped at 10% of issued share capital. • Extension of the share-issuance mandate by the number of shares actually repurchased under the buy-back mandate.

All resolutions will be decided by poll. Should a Black Rainstorm Warning, Typhoon Signal No. 8 or above, or “extreme conditions” be in force at or after 8:30 a.m. on the meeting day, the AGM will be postponed. The company’s board currently consists of six executive directors, including Chairman Mr Zhu Gongshan, and four independent non-executive directors.

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