Zensun Enterprises Limited (ZENSUN ENT, 00185) has issued a notice convening its 2026 Annual General Meeting (AGM) for 10:30 a.m. on Friday, 12 June 2026, at the company’s headquarters on the 37th floor, Zensun International Building, Qilihenan Road, Jinshui District, Zhengzhou, Henan.
Key matters to be tabled:
1. Financial Statements • Shareholders will vote on adopting the audited consolidated financial statements, directors’ report and auditors’ report for the financial year ended 31 December 2025.
2. Board Composition and Remuneration • Re-election of two retiring directors: – Huang Yanping (Non-executive Director) – Ma Yuntao (Independent Non-executive Director) • Authorisation for the Board to determine directors’ remuneration.
3. Auditor Re-appointment • Prism Hong Kong Limited is nominated for re-appointment as external auditor, with the Board empowered to set its remuneration.
4. General Mandate to Issue Shares • Directors seek authority to issue, allot or deal in additional shares and securities convertible into shares up to 20% of the company’s issued share capital (excluding any treasury shares) as at the date of the AGM. • The mandate also allows an extension of up to an additional 10% representing shares repurchased by the company, subject to separate approval.
5. Share Buy-Back Mandate • The Board requests approval to repurchase up to 10% of the company’s issued shares (excluding treasury shares) on the Hong Kong Stock Exchange or other recognised exchanges during the mandate period.
6. Extension of Issue Mandate • Conditional on the passing of the above two mandates, directors will be authorised to extend the share issuance limit by the number of shares repurchased.
Administrative details: • Shareholders must lodge transfer documents by 4:30 p.m. on Friday, 5 June 2026 to qualify for attendance and voting. • The register of members will be closed from Monday, 8 June 2026 to Friday, 12 June 2026, both days inclusive. • Proxy forms must be submitted to Tricor Investor Services Limited by 10:30 a.m. on Wednesday, 10 June 2026. • The AGM will be conducted in Chinese; attendees bear their own travel and accommodation costs.
Board composition at the notice date comprises Executive Directors Zhang Jingguo (Chairman & CEO) and Zhang Guoqiang; Non-executive Director Huang Yanping; and Independent Non-executive Directors Liu Da, Ma Yuntao and Dr. Li Huiqun.
The proposed mandates align with Hong Kong Listing Rules, capping new share issues at up to 30% (20% general mandate plus 10% repurchase mandate extension) of the company’s issued share capital, and repurchases at up to 10%. All authorities will remain effective until the earlier of the next AGM, the statutory deadline for holding that meeting, or a prior shareholder resolution revoking the mandates.