Hebei Yichen Industrial Group Corporation Limited (YICHEN IND) released a circular dated 28 April 2026 convening its Annual General Meeting (AGM) for 28 May 2026 at 10:30 a.m. in Shijiazhuang, Hebei Province.

Key agenda items:

1. General Share Issuance Mandate • The board seeks a special resolution allowing it to allot, issue or transfer up to 20% of each share class in issue—equivalent to 134.68 million Domestic Shares and 44.89 million H Shares, based on the current share capital of 673.38 million Domestic Shares and 224.46 million H Shares (total 897.84 million shares). • The mandate would remain valid until the earliest of: – the next AGM; – a shareholder resolution revoking or varying the authority; or – the statutory deadline for holding the next AGM. • Any issuance must comply with PRC regulations and Hong Kong Listing Rules and obtain required regulatory approvals.

2. Routine AGM Resolutions • Approval of the 2025 board and supervisory reports, audited financial statements, 2026 budget, and 2025 final accounts. • Endorsement of the 2025 profit distribution and final dividend plan (amount not yet specified). • Re-appointment of Pan-China Certified Public Accountant LLP as external auditor and authorisation of the board to set its remuneration. • Authorisation for the board to determine directors’ and supervisors’ remuneration for the coming term.

3. Shareholder Logistics • Shareholders entitled to attend and vote must be on the register by 21 May 2026; the register will be closed from 22–28 May 2026. • To qualify for the proposed final dividend, shareholders must be on the register by 2 June 2026; books will be closed 3–5 June 2026. Subject to approval, dividend payments are targeted on or before 21 July 2026. • Proxy forms must be lodged no later than 10:30 a.m. on 27 May 2026.

4. Voting Arrangements • All AGM resolutions will be decided by poll in accordance with Hong Kong Listing Rules. • The scheme trustee holding 10.73 million unvested H Shares under the 2022 share award scheme will abstain from voting, as required.

The board recommends shareholders vote in favour of all resolutions, highlighting the flexibility provided by the proposed issuance mandate.