YUANDA CHINA will seek shareholder approval at its annual general meeting (AGM) on 9 June 2026 in Shenyang for a package of routine and strategic resolutions.

The board is asking for a fresh general mandate to issue up to 1.24 billion new shares—20% of the current 6.21 billion shares in issue—and a separate mandate to buy back up to 620.87 million shares, or 10% of the existing share capital. Any shares repurchased may be cancelled or held as treasury shares, in line with July 2024 Listing Rules changes.

Four directors—Executive Directors Kang Baohua (Chairman), Zhao Zhongqiu (CEO), Gao Kai and Independent Non-Executive Director Ha Gang—will retire by rotation and stand for re-election. The board also seeks authority to fix directors’ fees and to reappoint KPMG as external auditor.

A key special resolution proposes adopting an amended and restated memorandum and articles of association. Changes include: • Alignment with Hong Kong’s upcoming uncertificated securities market regime and the Stock Exchange’s new issuer platform requirements. • Express permission to hold repurchased shares in treasury and re-sell or transfer them, subject to regulations. • Formalising electronic communication for shareholder notices and documents. • Other housekeeping updates for consistency with current Cayman Islands law and Listing Rules.

If shareholders approve both the 20% issuance mandate and the 10% buy-back mandate, the issuance limit will be automatically extended by the number of shares actually repurchased.

The share register will close from 4 June to 9 June 2026 (both days inclusive). Shareholders must lodge transfers by 4:30 p.m. on 3 June 2026 to qualify for attendance and voting rights at the AGM.