Cofoe Medical Clears All Proposals at 2026 Third EGM and Announces RMB0.60 Interim Dividend

Bulletin Express
Sep 18

Cofoe Medical Technology Co., Ltd. convened its 2026 Third Extraordinary General Meeting (EGM) on 18 September 2026 in Changsha, Hunan. Shareholders representing 127.62 million shares—56.44% of the 226.10 million voting shares outstanding—participated in person or by proxy.

Key resolutions 1. Special resolution – Repurchased A-share utilisation and capital reduction: • 99.97% votes in favour (127.57 million shares), 0.00% against, 0.03% abstained. • Approves changing the purpose of 9.79 million repurchased A shares, cancelling the shares and reducing registered capital, alongside amendments to the Articles of Association.

2. Ordinary resolutions – • 2026 interim profit distribution plan: 99.997% approval. • Appointment of the 2026 overseas auditor: 99.96% approval.

Dividend details • Cash dividend of RMB6.00 (tax-inclusive) per 10 shares (equivalent to RMB0.60 per share) to shareholders on record at 16:30 hrs, 28 September 2026. • Payment date: on or before 16 November 2026. • H-shareholders will receive HK$6.95502 per 10 shares, based on the PBoC average RMB/HKD central parity rate of 1:1.15917 for the five business days preceding the meeting. • H-share register closes 24–28 September 2026; transfers must be lodged by 16:30 hrs, 23 September 2026.

Tax treatment • Non-resident enterprise H-shareholders: 10% PRC withholding tax. • Overseas individual H-shareholders: 10% withholding, unless reduced by bilateral tax treaties. • Northbound Trading investors: 10% withholding on dividends paid in RMB. • Southbound Trading individual investors: 20% withholding; domestic enterprise investors to self-declare taxes.

Share capital context Total issued capital stood at 235.90 million shares (208.90 million A shares, 27.00 million H shares). The 9.79 million repurchased A shares held as treasury or pending cancellation were excluded from voting, leaving 226.10 million eligible shares.

Governance and compliance Vote tabulation for H shares was supervised by Tricor Investor Services Limited, and Hunan Qiyuan Law Firm issued a legal opinion confirming that meeting procedures, attendee qualifications and voting results complied with applicable laws, regulations and the company’s Articles of Association.

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