Shanghai-based Xizhi Technology (stock short name: XIZHI TECH-P) has issued a circular convening its online annual general meeting (AGM) for 11:00 a.m. (HKT) on 29 June 2026 via Vistra eVoting Portal. Key items to be tabled and the latest operating data are as follows:

Financial Performance (FY-2025) • Revenue: RMB 106.00 million, up 77% year-on-year.  – Optical interconnect: RMB 84.00 million, +79%.  – Optical computing: RMB 22.00 million, +69%. • Operating costs: RMB 65.00 million, +132%. • Net loss: RMB 1.34 billion, 83% wider than 2024.

Capital Allocation & Auditor • No dividend: Board proposes no 2025 profit distribution due to lack of distributable profits. • Auditor: Re-appointment of PricewaterhouseCoopers for FY-2026; audit fee capped at RMB 3.50 million.

Shareholder Mandates Sought • H-share buy-back: Authority to repurchase up to 10% of issued H-shares (maximum 7.69 million shares) on the Hong Kong Stock Exchange. • Issuance & treasury share resale: Authority to issue new shares and/or re-sell treasury shares up to 20% of existing issued share capital (maximum 18.81 million shares).

Board & Remuneration • Directors’ remuneration (2025): RMB 107.30 million total, of which RMB 9.35 million in cash. • 2026 scheme: Independent non-executive directors to receive HK$0.20 million each; other directors remunerated according to executive roles. • Work report highlights continued R&D focus and risk-control enhancement for 2026.

Logistics • H-share register closes 24–29 June 2026; shareholders must lodge transfers by 4:30 p.m. on 23 June 2026 to qualify for AGM attendance and voting. • Proxy forms must reach Tricor Investor Services (H-shares) or company headquarters (unlisted shares) by 11:00 a.m. on 28 June 2026.

All meeting documents are available on the Hong Kong Stock Exchange and company websites.