Luxxu Group Limited reported that every resolution tabled at its 26 June 2026 annual general meeting (AGM) was approved by an overwhelming majority of shareholders. Approximately 16.20 million votes (97.7% of the 16.58 million shares cast) backed each of the seven ordinary resolutions, while only 0.38 million votes (2.3%) opposed. The valid votes represented about 6.4% of the company’s 258.79 million issued shares, all of which were eligible to vote. All directors participated in the meeting, which was monitored by McMillan Woods (Hong Kong) CPA Limited in its capacity as scrutineer.

Key resolutions endorsed include:

• Adoption of the audited consolidated financial statements for the year ended 31 December 2025. • Re-election of executive directors Mr Liang Yanhuang and Mr Yang Xi, plus independent non-executive directors Ms Duan Baili, Mr Yu Chon Man and Mr Zhong Weili, and authorisation for the board to set directors’ remuneration. • Re-appointment of Jon Gepsom CPA Limited as external auditor with board-approved remuneration. • Granting of fresh general mandates to issue and repurchase shares and an extension of the issue mandate. • Adoption of the 2026 Share Option Scheme.

Supplemental to the AGM disclosure, the board confirmed the completion of a new-share placing executed under the refreshed general mandate. Proceeds will be applied to settle an early repayment request from a bondholder. Management stated that the transaction aims to lower the company’s gearing and interest burden in light of its current leverage and loss-making position. No other details of the placing have been amended from the 25 June 2026 announcement.

Luxxu Group believes the approved mandates and the completed equity placement position the company to improve its balance-sheet flexibility while retaining shareholder endorsement for ongoing governance measures.