China MeiDong Auto Sets 2026 AGM to Approve Results, Board Mandates and Share Issue Authority

China MeiDong Auto Holdings ( (HK:1268) ) has provided an update.

China MeiDong Auto Holdings has called its annual general meeting for 13 May 2026 in Hong Kong, where shareholders will review the audited financial statements for the year ended 31 December 2025 and the reports from the board and independent auditor. They will also vote on the re-election of independent non-executive directors Chen Guiyi and To Siu Lun, and on the re-appointment of KPMG as the company’s auditor, with the board empowered to set directors’ and auditor’s remuneration.

The AGM agenda further seeks shareholder approval to grant the board a general mandate to allot, issue, and deal in additional shares and convertible securities, up to 20% of the company’s issued share capital excluding treasury shares. This share issuance authority, within specified limits and subject to customary exceptions such as rights issues and employee share schemes, would give management added flexibility for future capital raising or corporate actions while delineating the dilution cap for existing shareholders.

The most recent analyst rating on (HK:1268) stock is a Buy with a HK$2.20 price target. To see the full list of analyst forecasts on China MeiDong Auto Holdings stock, see the HK:1268 Stock Forecast page.

More about China MeiDong Auto Holdings

China MeiDong Auto Holdings Limited is a Hong Kong-listed company engaged in the automobile dealership sector. It operates authorised 4S dealerships and related auto services in Mainland China, focusing on sales of new vehicles, after-sales services, and related automotive products for various car brands.

YTD Price Performance: -8.66%

Average Trading Volume: 1,216,888

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$1.56B

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