China Next-Gen Commerce and Supply Chain Limited (Stock Code: 3928) issued a circular on 23 January 2026. It details plans for an Annual General Meeting (AGM) on 18 March 2026 at 10:30 a.m., to be held at Unit 1103–06, China Building, 29 Queen’s Road Central, Hong Kong.

Shareholders will consider granting the board general mandates to issue up to 20% of total issued shares, representing a maximum of 96,000,000 shares (based on 480,000,000 issued shares), and to repurchase up to 10% of issued shares. The shareholders will also vote on re-electing five retiring directors: two executive directors and three independent non-executive directors.

The circular notes that valid proxies must be lodged with the branch share registrar at least 48 hours before the AGM. According to the document, completing a proxy form does not preclude attending and voting in person. The board recommends that shareholders vote in favor of the resolutions at the upcoming AGM.