Jiangsu Lopal Wins Strong Shareholder Backing for Capital Reduction and Charter Changes

Jiangsu Lopal Tech Co. Ltd. Class H ( (HK:2465) ) has provided an announcement.

Jiangsu Lopal Tech. Group Co., Ltd. has secured strong shareholder backing at its 2026 third extraordinary general meeting, with investors representing 38.81% of voting share capital attending in person or by proxy. All directors were present and the meeting was chaired by board chairman Shi Junfeng, underscoring the importance of the proposed capital and governance changes.

Shareholders overwhelmingly approved special resolutions to change the purpose and cancellation method of repurchased shares, reduce the company’s registered capital, and amend the articles of association accordingly. These moves, backed by near-unanimous votes across both A and H share classes, will formalize the capital reduction and related industrial and commercial registration changes, tightening the share base and potentially improving capital structure and governance clarity for stakeholders.

More about Jiangsu Lopal Tech Co. Ltd. Class H

Jiangsu Lopal Tech. Group Co., Ltd. is a PRC-incorporated joint stock company listed in Hong Kong, engaged in the chemical and materials sector, with its shares split between A shares on the Mainland and H shares in Hong Kong. The company’s shareholder base spans both domestic and international investors, reflecting a dual-market capital structure that supports its growth and financing activities.

Average Trading Volume: 5,840,003

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$14.1B

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