Hevol Services Schedules 29 May 2026 AGM; Seeks 20% Issuance Mandate, 10% Buy-Back Authority and Charter Revision

Bulletin Express
Apr 27

Hevol Services Group Co. Limited has issued a notice convening its 2026 Annual General Meeting (AGM) for 11:00 a.m. on Friday, 29 May 2026 at 5th Floor, Zhongkun Plaza, Haidian District, Beijing.

Key agenda items:

1. Financial Statements • Shareholders will vote on the adoption of the audited consolidated financial statements and the directors’ and auditors’ reports for the financial year ended 31 December 2024.

2. Board Composition • Re-election of Executive Director Ms Hu Hongfang. • Re-election of Independent Non-Executive Directors Mr Fan Chi Chiu and Mr Qian Hongji. • Authorisation for the board to determine directors’ remuneration.

3. Auditor Re-appointment • Proposal to re-appoint BDO Limited as external auditor and to authorise the board to fix its remuneration.

4. General Mandates • Share Issuance: Directors seek a general mandate to allot, issue or deal with additional shares and securities convertible into shares up to 20% of the Company’s issued share capital, exclusive of any treasury shares, as at the date of the resolution. • Share Buy-Back: Authority to repurchase shares on The Stock Exchange of Hong Kong Limited or other recognised exchanges up to 10% of issued share capital, excluding treasury shares. • Mandate Extension: Conditional on the above two mandates being approved, the issuance limit may be increased by the number of shares repurchased, effectively allowing a potential additional 10% issuance.

5. Constitutional Amendments • Special resolution to adopt the fourth amended and restated Memorandum and Articles of Association, consolidating changes detailed in the 27 April 2026 circular.

Administrative details:

• Shareholders may appoint proxies; forms must be lodged with Computershare Hong Kong Investor Services Limited at least 48 hours before the meeting. • The register of members will be closed from 26 May 2026 to 29 May 2026 (both days inclusive). Share transfers must be lodged by 4:30 p.m. on 22 May 2026 to qualify for AGM attendance and voting rights.

The board currently comprises two Executive Directors (Ms Hu Hongfang, Mr Wang Wenhao), two Non-Executive Directors (Mr Liu Jiang, Mr Zhou Wei) and three Independent Non-Executive Directors (Dr Chen Lei, Mr Fan Chi Chiu, Mr Qian Hongji).

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