Kasen Sets 2026 AGM, Seeks Renewal of 20% Share Issue Mandate

Kasen International Holdings Ltd. ( (HK:0496) ) has issued an update.

Kasen International Holdings has convened its 2026 annual general meeting for May 29 in Haining, Zhejiang Province, where shareholders will review the group’s audited consolidated financial statements and board and auditor reports for the year ended December 31, 2025. The agenda also covers re-election of executive director Zhu Zhangjin and independent non-executive director Zhou Lingqiang, approval of directors’ and auditors’ remuneration, and renewal of a mandate allowing the board to issue up to 20% of the company’s share capital, giving management continued flexibility in future capital-raising and corporate actions.

If approved, the general mandate to allot, issue, and deal with additional shares or convertible securities, excluding rights issues, share options, and scrip dividends, will remain effective until the next annual meeting or earlier revocation, aligning Kasen with common Hong Kong corporate governance practices. The re-appointment of Grant Thornton Hong Kong as auditor and the proposed director re-elections underscore continuity in the company’s financial oversight and governance structure, offering shareholders a measure of stability while preserving the board’s capacity to respond quickly to funding and strategic needs.

More about Kasen International Holdings Ltd.

Kasen International Holdings Ltd. is a Cayman Islands-incorporated company listed in Hong Kong, operating primarily in manufacturing and related businesses in China. The group is based in Haining, Zhejiang Province, and is overseen by a board that includes executive and independent non-executive directors, supported by external auditors.

Average Trading Volume: 59,975

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$596.9M

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