Chanjet Shareholders Approve Dividend, Auditors and New Share Mandate at 2026 AGM

Chanjet Information Technology Co., Ltd. Class H ( (HK:1588) ) has shared an update.

Chanjet Information Technology reported that all resolutions at its 8 May 2026 annual general meeting in Beijing were approved by shareholders via poll, with about 69.68% of issued shares (excluding treasury stock) represented and all directors in attendance. The meeting endorsed the board and supervisory committee reports for 2025, confirmed Ernst & Young and Ernst & Young Hua Ming as auditors for 2026, and passed a special mandate allowing the board to issue up to 20% additional domestic and H shares, providing flexibility for future capital raising and strategic initiatives.

Shareholders also approved a final dividend of RMB0.25 per share for 2025, signalling continued capital returns despite the company’s share repurchase activity, which left 579,200 H shares held as treasury stock and excluded from voting. The broad support for the dividend and new share issuance mandate underscores investor confidence in Chanjet’s governance and growth plans, while the employee trust scheme’s non-voting status helps maintain alignment between capital management, regulatory compliance and shareholder interests.

More about Chanjet Information Technology Co., Ltd. Class H

Chanjet Information Technology Company Limited is a China-based provider of enterprise software and related IT services, focused on small and medium-sized businesses and operating through both domestic and H-share listings in Hong Kong. The company serves the PRC market with financial and management software solutions, leveraging its industrial park base in Beijing to support product development and client services.

Average Trading Volume: 119,638

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.93B

For a thorough assessment of 1588 stock, go to TipRanks’ Stock Analysis page.