Weigang Environmental Technology Holding Group Limited (WG ENV TECH) has issued a circular convening its Annual General Meeting (AGM) for 2 June 2026 in Guangzhou. Key resolutions to be tabled include:

1. Capital mandates • Issue Mandate: Directors seek authority to allot and issue up to 266.67 million new shares, representing 20% of the 1.33 billion shares in issue as of 16 April 2026. Any shares repurchased under the buy-back mandate may be added to this limit. • Repurchase Mandate: Authority to buy back up to 133.33 million shares (10% of issued capital). The board states it has no immediate plan to exercise either mandate. Full utilisation would lift Executive Chairman Cai Zhuhua and spouse Huang Ying’s combined stake from 40.13% to 44.59% and major shareholder Zhang Weiyang’s interest from 27.88% to 30.97%, potentially triggering a Takeovers Code mandatory offer; the board does not intend to repurchase to such a level.

2. Board changes • Executive Chairman Cai Zhuhua and Independent Non-executive Director Xiao Hui will retire by rotation and stand for re-election. • Cai holds 535.05 million shares (40.13% of issued capital) through Weigang Technology Limited and spouse attribution. • Xiao Hui receives an annual director’s fee of HK$0.24 million.

3. Auditor • Baker Tilly Hong Kong Limited is nominated for re-appointment with a proposed remuneration of RMB 1.15 million for the next financial year.

4. AGM logistics • Shareholders of record by 27 May 2026 may attend the 2 June 2026 AGM. Proxy forms must be lodged at Tricor Investor Services by 31 May 2026, 3:00 p.m.

Stock performance snapshot (Apr 2025–Apr 2026): highest HK$0.30, lowest HK$0.11. The board advises that any substantial share repurchase could affect working-capital and gearing, but confirms no current intention to repurchase shares to the full permitted extent.