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An update from Jujiang Construction Group Co., Ltd. Class H ( (HK:1459) ) is now available.
Jujiang Construction Group has called its 2026 annual general meeting for 12 June in Tongxiang, Zhejiang, where shareholders will review board, supervisory board and auditor reports, as well as the audited consolidated financial statements for the year ended 31 December 2025. Investors will also vote on reappointing Ernst & Young as auditor, approving remuneration for directors and supervisors, and granting a broad share-issuance mandate of up to 20% of each share class, which would give the board flexibility to adjust the capital structure and raise funds, subject to subsequent amendments to the articles of association.
The proposed general mandate covers both domestic and H shares, excluding treasury stock, and would remain effective until the next AGM or its earlier revocation, potentially positioning the company to tap equity markets more swiftly if financing needs or strategic opportunities arise. The board is also seeking explicit authorization for directors to execute all necessary documentation and actions to implement the approved resolutions, streamlining corporate decision-making and signaling an emphasis on operational and capital-raising agility for stakeholders.
More about Jujiang Construction Group Co., Ltd. Class H
Jujiang Construction Group Co., Ltd. is a PRC-based construction company whose H shares are listed in Hong Kong under stock code 1459. The group operates in the construction and engineering sector, focusing on building projects and related services in Zhejiang Province and other parts of China, serving both domestic and international investors through its dual-share structure of domestic and H shares.
Average Trading Volume: 153,714
Technical Sentiment Signal: Sell
Current Market Cap: HK$118.9M
For an in-depth examination of 1459 stock, go to TipRanks’ Overview page.