Dongyue Group Limited has issued a circular convening its annual general meeting (AGM) for 11:00 a.m. on 4 June 2026 at United Centre, Admiralty, Hong Kong. Key agenda items include a final dividend proposal, director re-elections and new share issue and repurchase mandates.
Dividend proposal • A final dividend of HK$0.30 per share for the financial year ended 31 December 2025 will be put to shareholders’ vote. • Ex-dividend date: 9 June 2026. • Register closure for dividend entitlement: 11–15 June 2026; record date: 15 June 2026. • Expected payment date, subject to approval: 13 July 2026.
Capital mandates • Issue mandate: authority to allot and issue up to 20% of issued shares, equating to 346.54 million shares based on the current 1.73 billion shares outstanding. • Repurchase mandate: authority to buy back up to 10% of issued shares, or 173.27 million shares. • A separate resolution will extend the issue mandate by the number of shares repurchased. • The board states it has no immediate plan to issue or repurchase shares under these mandates.
Board composition • Three directors will stand for re-election: – Zhang Jianhong (Chairman & CEO, executive director) – Chung Tak Lai (Executive director & Company Secretary) – Yang Xiaoyong (Independent non-executive director)
Share capital and ownership • Dongyue Group currently has 1.73 billion shares in issue. • Dongyue Team Limited, wholly owned by Zhang Ke (son of Chairman Zhang Jianhong), holds 258.95 million shares, representing 14.94% of issued capital. • Full exercise of the repurchase mandate would raise this stake to approximately 16.61% if no shares are sold.
Key timetable for AGM participation • Register closure for AGM attendance and voting: 1–4 June 2026 (record date 4 June 2026). • Proxy forms must be lodged by 11:00 a.m. on 2 June 2026.
Auditors • Re-appointment of Zhonghui Anda CPA Limited as external auditor for 2026 and authorisation for the board to fix remuneration will be voted on.
The board recommends that shareholders approve all proposed resolutions, citing alignment with the company’s strategic and governance objectives.