Xinjiang Tianye Water Saving Irrigation System Company Limited (TIANYE WATER, 00840) has issued a notice convening its annual general meeting (AGM) for 11 June 2026 at 11:00 a.m. in Shihezi, Xinjiang, PRC.
Key special resolutions to be tabled:
1. General mandate to issue new shares • Authority for the board to allot, issue or deal with shares up to 20% of the total issued share capital, excluding treasury shares, as at the date of the AGM resolution. • The mandate will remain effective until the earliest of: (i) the next AGM, (ii) 12 months after approval, or (iii) revocation by shareholders. • The board is authorised to determine issuance terms, file with regulators and amend the Articles of Association to reflect any increase in registered capital.
2. General mandate to repurchase H shares • Permission to buy back up to 10% of the H shares in issue (excluding treasury shares) during the same mandate period. • Repurchases will comply with PRC law, Hong Kong Listing Rules and any required filings with the CSRC, SAFE and other authorities. • The board may set specific repurchase terms, cancel repurchased shares and adjust registered capital accordingly.
3. Combination mandate • Shares repurchased under mandate (2) may be added to the shares that can be re-issued under mandate (1), subject to an overall cap of 10% of the company’s issued share capital on the date of the resolution.
4. Amendments to Articles of Association • Shareholders will vote on revisions detailed in the accompanying circular. A director will be authorised to handle related filings.
Ordinary resolutions include:
• Approval of the directors’ report and the audited consolidated financial statements for the year ended 31 December 2025. • Appropriation to the statutory surplus reserve fund for FY 2025. • Authorisation for the board to set 2026 director remuneration. • Re-appointment of BDO China Shu Lun Pan Certified Public Accountants LLP as external auditor and approval of its fees.
Administrative details:
• Shareholders of record as of 4:30 p.m. on 5 June 2026 must lodge share transfer documents by that time; the register will be closed from 8 June 2026 to 11 June 2026, inclusive. • Voting at the AGM will be conducted by poll. • Proxy forms must be submitted not less than 24 hours before the meeting.
The board currently comprises four executive directors—Zhou Gang (Chairman), Jiang Dayong, Wang Dongwei and Li Zheng—and three independent non-executive directors—Gu Li, Hung Ee Tek and He Xinlin.