tiprankstipranks
Advertisement
Advertisement

Hangzhou SF Intra-city Sets 2026 AGM, Seeks Share Issue Mandate and Confirms No 2025 Final Dividend

Story Highlights
  • The company will hold its 2026 AGM to approve 2025 results, skip a final dividend, consider a 2026 interim dividend, and re-appoint PwC as auditor.
  • Shareholders will vote on a mandate letting the board issue new shares and resell treasury shares up to 20 percent of capital, boosting funding flexibility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hangzhou SF Intra-city Sets 2026 AGM, Seeks Share Issue Mandate and Confirms No 2025 Final Dividend

Meet Samuel – Your Personal Investing Prophet

The latest announcement is out from Hangzhou SF Intra-city Industrial Co., Ltd. Class H ( (HK:9699) ).

Hangzhou SF Intra-city Industrial has called its 2026 annual general meeting for 8 June, to be held via video conference, where shareholders will review the 2025 audited financial statements and directors’ and auditors’ reports. The board is proposing no final dividend for 2025 while seeking a mandate for declaring a 2026 interim dividend and the re-appointment of PwC as the company’s auditor.

Shareholders will also vote on a special resolution granting the board a general mandate to issue new shares, securities convertible into H shares, and to resell treasury shares, up to 20% of the company’s issued share capital excluding treasury shares. The authority, which is subject to compliance with PRC company law, Hong Kong listing rules, and regulatory approvals, would enhance the company’s capital-raising flexibility and could influence its future financing and expansion plans.

The most recent analyst rating on (HK:9699) stock is a Buy with a HK$18.00 price target. To see the full list of analyst forecasts on Hangzhou SF Intra-city Industrial Co., Ltd. Class H stock, see the HK:9699 Stock Forecast page.

More about Hangzhou SF Intra-city Industrial Co., Ltd. Class H

Hangzhou SF Intra-city Industrial Co., Ltd. is a joint stock company incorporated in the People’s Republic of China with limited liability and listed in Hong Kong under stock code 9699. The company operates in the intra-city logistics and delivery sector, focusing on services supported by its domestic and overseas listed share structure in the PRC and Hong Kong markets.

Average Trading Volume: 2,941,345

Technical Sentiment Signal: Hold

Current Market Cap: HK$9.86B

For an in-depth examination of 9699 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1