Laijin Entertainment to Seek 20% Issuance Mandate and Re-elect Three Directors at 30 June AGM

Bulletin Express
Jun 05

Laijin Entertainment Network Group Limited has scheduled its annual general meeting (AGM) for 10:00 a.m. on 30 June 2026 at 5/F, United Centre, Queensway, Hong Kong. Key resolutions include a fresh general mandate authorising the board to issue up to 20% of the company’s existing share capital and the re-election of three directors.

Share Issuance Mandate • Current issued share capital: 420.91 million ordinary shares. • Proposed mandate: authority to allot and issue up to 84.18 million additional shares, representing 20% of issued capital as at the latest practicable date (4 June 2026). • Validity: from the date of approval until the next AGM, the expiry of the statutory period for holding that meeting, or earlier revocation by shareholders.

Board Composition Changes • Directors standing for re-election: – Colin Xu (Executive Director) – Ng Wai Hung (Independent Non-executive Director) – Wang Ju (Independent Non-executive Director) • All three have confirmed their willingness to continue serving on the board.

Auditor Re-appointment • Rongcheng (Hong Kong) CPA Limited is nominated for re-appointment as external auditor for the year ending 31 December 2026, with remuneration to be set by the board.

Key Dates • Register of members closes: 25–30 June 2026 (both days inclusive). • Last day to lodge share transfers: 24 June 2026, 4:00 p.m. • Proxy deadline: 28 June 2026, 10:00 a.m.

Voting Arrangements • All resolutions will be decided by poll. • Shareholders are encouraged to submit proxy forms and may appoint the AGM chairman as proxy if unable to attend in person.

The circular confirms no shareholder is required to abstain from voting on the proposed resolutions. Laijin Entertainment’s shares are listed on GEM of the Hong Kong Stock Exchange under stock code 08172.

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