Shanghai Bio-heart Schedules 2025 AGM for 26 June 2026; Agenda Includes Profit Distribution, Board Re-election and 20% Share-Issue Mandate

Bulletin Express
Jun 01

Shanghai Bio-heart Biological Technology Co., Ltd. (BIOHEART-B, 02185) has issued a notice convening its 2025 Annual General Meeting (AGM) for 26 June 2026 at 14:00 (Room 302, Building 4, No. 590 Ruiqing Road, Pudong, Shanghai).

Key resolutions to be tabled are as follows:

1. 2025 Operating Reports • Board and Board of Supervisors will present separate work reports for the year. • Audited consolidated financial statements and the 2025 annual report will be submitted for approval.

2. 2025 Profit Distribution Plan • Shareholders will vote on the proposed profit distribution; details have not been disclosed in this notice.

3. Auditor Re-appointment • Ernst & Young Hua Ming LLP (domestic) and Ernst & Young (international) are nominated for re-appointment until the next AGM, with remuneration to be set by the Board.

4. Board Composition • Six directors are up for re-election to the third Board session: – Executive Directors: Philip Li Wang, Yunqing Wang, Peili Wang – Independent Non-executive Directors: Yiqing Chen, Xubo Lu, Yifei Jiang

5. Corporate Governance Updates • Amendments to the Rules of Procedure for the Board of Directors and for Shareholders’ General Meetings will be considered. • Shareholders will vote on abolishing the current Board of Supervisors. • Adoption of a new amended and restated Articles of Association is proposed, with authorization for any director to complete related formalities.

6. General Mandate for Share Issuance • The Board seeks authority, during the period ending at the next AGM or 12 months from approval (whichever is earlier), to issue up to: – 20% of existing H-shares (excluding treasury shares) and/or – 20% of existing unlisted foreign shares. • The mandate includes the power to determine issuance terms, execute documentation, and amend the Articles of Association to reflect any capital changes, subject to regulatory approvals.

Administrative Details • The H-share register closes 15–26 June 2026; shareholders must lodge transfers by 16:30 on 12 June 2026 to qualify for attendance and voting rights. • Proxy forms must reach Computershare Hong Kong Investor Services or the Company’s registered office by 14:00 on 25 June 2026. • All AGM resolutions will be decided by poll.

Leadership and Contact • Board: Executive Directors – Philip Li Wang (Chairman), Yunqing Wang, Peili Wang; Independent Non-executive Directors – Yiqing Chen, Xubo Lu, Yifei Jiang. • Registered office: Room 302, 3/F, Building 4, No. 590 Ruiqing Road, East Zhangjiang Hi-Tech Park, Pudong New Area, Shanghai. • Enquiries: Tel. +86 21 6879 8511; Email info@bio-heart.com

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10