Baoye Group Company Limited has issued a Second Supplemental Notice for its 2025 Annual General Meeting (AGM) after receiving a fresh proposal from a shareholder holding approximately 1.02% of the company’s issued share capital.

The Board, acting as the AGM convener, has accepted the request and will table an additional ordinary resolution—numbered Resolution 12—at the forthcoming meeting. The motion calls for the formulation of a “valuation enhancement plan” in line with China Securities Regulatory Commission Guidelines for the Supervision of Listed Companies No. 10 — Market Value Management. Under these guidelines, listed companies whose share prices trade at a prolonged discount to net asset value must devise and report a corrective plan at the subsequent shareholder meeting.

Key logistics: • A Second Supplemental Proxy Form has been released on the HKEXnews and company websites to cover the new agenda item. • Shareholders intending to appoint a proxy must submit both the original Proxy Form and the new Second Supplemental Proxy Form no later than 48 hours before the meeting or before the poll—specified as 9:00 a.m. on Tuesday, 16 June 2026. • Completion and return of either proxy form does not preclude shareholders from attending and voting in person.

The AGM’s original schedule, venue and previously announced resolutions remain unchanged as detailed in the first circular (24 April 2026) and the first supplemental circular (8 May 2026).