AInnovation Technology Group has convened its 2026 annual general meeting for 15 May in Beijing, outlining 12 resolutions that reshape governance structures and refresh financial authorities.

Key proposals • Share buy-back mandate: Board authorised to repurchase up to 10% of issued H shares (excluding 9.36 million treasury shares) between the AGM date and the 2027 AGM, subject to Hong Kong Listing Rules. • General issue mandate: Board empowered to issue new shares or treasury shares up to 20% of current issued capital during the same period. • Auditor re-appointment: PricewaterhouseCoopers proposed to continue as external auditor for 2026 at a fee of RMB 5 million. • Governance overhaul: Plans to abolish the Supervisory Committee, transfer its oversight functions to the Board’s Audit Committee and add one employee-representative director, expanding the Board to eight members. • Charter updates: Special resolution to amend the Articles of Association, alongside revisions to the meeting rules for shareholders and directors to align with new PRC regulations. • Election of Tao Ning: Shareholders will vote on appointing Ms Tao as a non-executive director; she directly holds 2.16 million H shares and, through concert-party arrangements, is deemed interested in 154.44 million shares (30.97% post-buy-back maximum scenario). • Shareholder protections: Explanatory statement notes any buy-back will avoid triggering a mandatory offer under Hong Kong’s Takeovers Code or breaching the 25% public-float threshold. • Capital management: Cumulative share repurchases over the past six months total 2.57 million shares at prices ranging HK$4.17–8.79.

Logistics The share register closes 12–15 May; shareholders must lodge transfers by 11 May to vote. Proxy forms are due by 9:30 a.m. on 14 May. Voting at the AGM will be conducted by poll.