Chuncheng Heating’s 2025 AGM Set for 15 May 2026; Board Seeks Approval for FY2025 Results, Profit Distribution and 20% Share Issue Mandate

Bulletin Express
Apr 16

Jilin Province Chuncheng Heating Company Limited (Chuncheng Heating) will convene its 2025 Annual General Meeting (AGM) at 9:00 a.m. on 15 May 2026 in Changchun, Jilin Province. Shareholders on record as of the same date are entitled to attend and vote; the register of members will be closed from 12 May to 15 May 2026.

Key ordinary resolutions:

1. Directors’ Work Report & FY2025 Performance • Shareholders will vote on the board’s 2025 work report, the final financial report, and the audited consolidated statements for the year ended 31 December 2025. • The 2025 Annual Report and a 2026 financial budget are also up for adoption.

2. FY2025 Profit Distribution Plan • Details of the proposed distribution will be presented for shareholder approval.

3. Remuneration & Auditor • The board seeks authorization to set directors’ remuneration for FY2026. • BDO China SHU LUN PAN Certified Public Accountants LLP is nominated for re-appointment as external auditor for FY2026, with remuneration to be determined by the board.

Key special resolutions:

1. Amendments to Articles of Association • Amendments aimed at aligning corporate governance with prevailing PRC regulations will be tabled, with the board empowered to finalize wording and handle related filings.

2. General Mandate for Share Issuance • The board requests authority to allot, issue and deal with up to 20% of each of the company’s issued Domestic Shares and H Shares during the mandate period (earliest of the next AGM, 12 months from approval, or revocation by shareholders). • Associated authorizations include adjusting registered capital, amending the Articles accordingly, and executing necessary regulatory submissions and agreements.

Administrative notes:

• Proxy appointments must be lodged at Computershare Hong Kong Investor Services Limited or the company’s PRC head office no later than 24 hours before the meeting. • Shareholders attending in person are responsible for their own travel and accommodation expenses.

As of 17 April 2026, Chuncheng Heating’s board comprises three non-executive directors, two executive directors, three independent non-executive directors and one employee director, chaired by Song Chi.

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