China Travel International Investment Hong Kong Limited (“China Travel HK”) will hold its annual general meeting on 28 May 2026 in Hong Kong.
Key agenda items:
1. Final Dividend • Board recommends a final dividend of HK$0.01 per share for FY2025, subject to shareholder approval. The register will close 4–8 June 2026; eligible shareholders must be on record by 8 June.
2. Board & Auditor Proposals • Re-election of five retiring directors, including Chairman Wu Qiang and two independent non-executive directors. • Re-appointment of Ernst & Young as auditor; expected FY2026 audit fee: RMB4.05 million–RMB4.46 million.
3. Share Mandates • Buy-back mandate for up to 10 % of issued shares (≈553.66 million shares). • General issue mandate for up to 20 % of issued shares (≈1.11 billion shares), plus an extension equal to shares repurchased.
4. 2026 Financial Services Framework Agreement with CTG Finance • New three-year agreement (effective upon approval to 31 Dec 2028) covers deposit services, comprehensive credit lines, entrustment loans and cross-border cash pooling. • Deposit Caps raised to RMB1.20 billion per day for each of 2026, 2027 and 2028, replacing the existing RMB240 million limit. • Maximum annual interest income estimations: RMB17.28 million (2026) and RMB21.60 million (2027–2028). • Existing 2025 framework will terminate once the new agreement becomes effective.
5. Related-Party & Voting Arrangements • CTG Finance is a subsidiary of China Tourism Group, the ultimate parent of China Travel HK’s 61.15 % shareholder, CTS (Holdings). • CTS (Holdings) (2.25 billion shares) and associate Hongkong New Travel Investments (1.14 billion shares) will abstain from voting on the new framework agreement and deposit caps.
6. Independent Assessments • An Independent Board Committee and Messis Capital Limited, as Independent Financial Adviser, conclude the framework’s terms and caps are fair, reasonable and in ordinary course of business.
Shareholders are urged to submit proxy forms 48 hours before the AGM if they cannot attend in person.