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Huiyuan Cowins Calls EGM to Overhaul Share Option Scheme

Story Highlights
  • Huiyuan Cowins has convened a February 2026 EGM to seek shareholder approval for a new share option scheme covering up to 10% of issued shares.
  • Upon effectiveness of the new scheme, the company will terminate its 2019 option plan while maintaining existing option holders’ rights, refreshing its equity incentive structure.
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Huiyuan Cowins Calls EGM to Overhaul Share Option Scheme

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Mayer Holdings Ltd. ( (HK:1116) ) has provided an announcement.

Huiyuan Cowins Technology Group Limited has called an extraordinary general meeting in Hong Kong on 2 February 2026 for shareholders to vote on the adoption of a new share option scheme, which would authorise the board to grant options over up to 10% of the company’s issued share capital (excluding any treasury shares) and to issue shares upon exercise of such options, within an overall cap that also takes into account any other share option or share award schemes. If approved and upon the new scheme taking effect, the company’s existing share option scheme adopted in May 2019 will be terminated on a prospective basis, with all rights and benefits under outstanding options granted under the old scheme remaining intact, signalling a refresh of the company’s equity-based incentive framework while preserving existing entitlements for current option holders.

More about Mayer Holdings Ltd.

Huiyuan Cowins Technology Group Limited is a Hong Kong-listed company incorporated in the Cayman Islands with its shares traded on the Main Board of the Stock Exchange of Hong Kong under stock code 1116. The notice relates to its corporate governance and capital management arrangements rather than to its operating business, and no further information on its industry or core products is provided in the document.

Average Trading Volume: 654,777

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$679.8M

See more data about 1116 stock on TipRanks’ Stock Analysis page.

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