Futong Technology Development Holdings Limited (Futong Tech) will convene its Annual General Meeting on 21 May 2026 at 3:00 p.m. in Hong Kong (24/F, Admiralty Centre 1, 18 Harcourt Road).
Key resolutions to be tabled:
1. 2025 Financial Statements • Shareholders will review and approve the audited consolidated financial statements for the year ended 31 December 2025, together with the directors’ and auditors’ reports.
2. Board Composition and Remuneration • Separate resolutions will address the re-election of retiring directors Chen Xiaoxuan, Lo Kwok Kwei David and Yao Yun. • The board will be authorised to fix directors’ remuneration.
3. Auditor Re-appointment • BDO Limited is nominated to continue as external auditor, with the board authorised to determine its fee.
4. General Mandate to Issue Shares • Directors seek authority, until the next AGM or earlier revocation, to allot and issue shares— including treasury-share sales—up to 20% of the company’s issued share capital (excluding any treasury shares) as at the date of approval. • The mandate also allows offers or grants of options and warrants that may require future share issuance.
5. Share Repurchase Mandate • The board requests authority to repurchase shares on the Stock Exchange or other recognised bourses, not exceeding 10% of the issued share capital (excluding treasury shares) as at the date of approval. Repurchased shares may be held in treasury or cancelled, subject to applicable laws and listing rules.
6. Extension of Issue Mandate • Conditional on passing the above mandates, the share-issue limit will be extended by the aggregate number of shares repurchased under the buy-back mandate, capped at an additional 10% of issued share capital.
Notes • All resolutions will be decided by poll. • Proxy forms must be lodged with Tricor Investor Services Limited by 3:00 p.m. on 19 May 2026 (Hong Kong time). • The board states it has no immediate plans to issue new shares, grant warrants or repurchase shares under the proposed mandates.
The notice was authorised by Chairman Chen Jian and released on 28 April 2026.