Guangzhou Automobile Group Co., Ltd. (GAC Group) has issued a notice convening its 2025 Annual General Meeting (AGM) for 10:00 a.m. on Friday, 12 June 2026, at Conference Room 102, Building T2, No. 668 Jinshan Road East, Panyu District, Guangzhou.
Key items for shareholder approval:
1. 2025 Performance Review • Adoption of the 2025 annual report and summary, the board of directors’ work report, and the 2025 financial report.
2. Capital Allocation • Proposal for 2025 profit distribution to shareholders (details to be provided in the AGM circular).
3. Auditor Engagements for 2026 • Appointment of external auditors and separate appointment of internal control auditors for the next financial year.
4. Related-Party Transactions • Ratification of continuing related-party transactions related to the group’s financial services operations.
5. Funding Flexibility • Special resolution seeking a general mandate authorising the board to issue debt-financing instruments.
6. Treasury Management • Approval to conduct forward foreign-exchange transactions, aimed at managing currency exposure.
7. Governance and Compensation • Adoption of Remuneration Management Rules for directors and senior management. • By-election of Mr. Cao Xiaojun as a non-executive director. • Election of four independent non-executive directors: Mr. Yang Diange, Mr. Zhang Yanlong, Mr. Zhu Zhengfu and Mr. Li Wenjing. • Cumulative voting will apply separately to the non-executive and independent non-executive director elections.
Administrative details:
• Voting will be conducted by poll in accordance with Hong Kong Listing Rules. • H-shareholders must be on the register by 4:30 p.m. on 8 June 2026 to qualify for attendance and voting. • Proxy forms, together with required authorisations, must reach Tricor Investor Services Limited by 10:00 a.m. on 11 June 2026.
The AGM notice and accompanying circular, including detailed biographies of director nominees and the proposed remuneration rules, are available on the company’s website and the Shanghai Stock Exchange portal.