SICHUAN EXPRESS Schedules 29 April 2026 EGM to Finalise Ninth-Session Board Line-up and Director Pay Packages

Bulletin Express
Apr 09

Sichuan Expressway Company Limited will convene an extraordinary general meeting (EGM) at 15:00 on 29 April 2026 in Chengdu to decide on director remuneration schemes and elect the full slate of the Company’s ninth-session board.

Key agenda items 1. Remuneration plans • Executive directors, non-executive directors and independent non-executive directors will each have separate compensation packages submitted for shareholder approval by ordinary resolution.

2. Board elections (cumulative voting) • Seven candidates are nominated for executive and non-executive director roles: Luo Zuyi, You Zhiming, Ou Hailong, Yao Jiancheng, Mao Yurong, Nie Yibin and Li Chengyong. • Four candidates are nominated for independent non-executive director positions: Yu Haizong, Zhou Hua, Jiang Tao and Luo Hong. • Each shareholder’s voting rights will be multiplied by the number of seats to be filled—seven for non-independent directors and four for independent directors—allowing allocation of votes among nominees at the shareholder’s discretion.

Share registration timeline • H-share register closure: 24–29 April 2026 (both days inclusive). • Last day to lodge share transfers: 23 April 2026 by 16:30 at Computershare Hong Kong Investor Services Limited. • Only holders registered by the close of 24 April 2026 may attend or vote by proxy.

Proxy and poll arrangements • Proxy forms, together with any power of attorney, must be deposited at Computershare no later than 24 hours before the meeting or before any adjourned session. • All resolutions will be decided by poll; director elections will adopt cumulative voting, while remuneration resolutions will use standard open-ballot, non-cumulative voting.

Logistics The EGM is expected to conclude within one day. Attendees bear their own travel and accommodation costs.

Current board composition (for reference) Executive directors: Luo Zuyi (Chairman), You Zhiming (Vice-Chairman), Yao Jiancheng, Mao Yurong Non-executive directors: Yang Shaojun (Vice-Chairman), Li Chengyong Independent non-executive directors: Yu Haizong, Zhou Hua, Jiang Tao, Luo Hong Employee director: Li Tao

SICHUAN EXPRESS’s forthcoming EGM will finalise both remuneration structures and leadership appointments for the new board cycle, setting governance parameters ahead of the Company’s next strategic phase.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10