Landsea Life Sets 26 Jun 2026 AGM; Seeks 20% Issuance Mandate and 10% Buyback Authority

Bulletin Express
Apr 28

Landsea Green Life Service Company Limited (“Landsea Life”) has issued a notice convening its 2026 Annual General Meeting (AGM) for 26 June 2026 at 4:00 p.m. on the 5th Floor, No. 108 Jianye Road, Qinhuai District, Nanjing, China.

Key matters to be tabled:

• Financial Statements: Shareholders will receive and consider the audited financial statements and the reports of the directors and auditor for the year ended 31 December 2025.

• Board Composition: Resolutions propose the re-election of Non-Executive Directors Mr. Liu Yong and Mr. Liu Shouwei, and Independent Non-Executive Director Mr. Alfred Shu Shum Lai. The board will be authorised to fix directors’ remuneration.

• Auditor: Baker Tilly Hong Kong Limited is nominated for re-appointment, with remuneration to be set by the board.

• Share Issuance Mandate: Directors seek a general mandate to allot, issue or deal with additional shares and/or resell treasury shares up to 20% of the company’s issued share capital (excluding treasury shares), with authority extending until the next AGM or its statutory deadline.

• Share Buyback Mandate: A separate resolution requests authority to repurchase shares on the Stock Exchange of Hong Kong or other recognised exchanges, limited to 10% of issued shares (excluding treasury shares) within the same mandate period.

• Mandate Extension: Conditional on the above mandates passing, the issuance mandate may be extended by the aggregate number of shares repurchased, capped at an additional 10% of issued shares.

Administrative details:

• Register Closure: Share transfers will be halted from 23 June 2026 to 26 June 2026 (both days inclusive). The record date for voting entitlement is 26 June 2026.

• Proxy Arrangements: Forms of proxy must be lodged with Computershare Hong Kong Investor Services Limited by 4:30 p.m. on 24 June 2026.

As of the notice date (29 April 2026), Landsea Life’s board comprises one Executive Director (Mr. Wu Xu), two Non-Executive Directors (Mr. Liu Yong and Mr. Liu Shouwei), and three Independent Non-Executive Directors (Ms. Lu Mei, Mr. Alfred Shu Shum Lai, and Ms. Katherine Rong Xin).

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