Nongfu Spring Shareholders Back Governance Overhaul at 2025 AGM

The latest update is out from Nongfu Spring Co., Ltd. Class H ( (HK:9633) ).

Nongfu Spring Co., Ltd. reported that its 2025 annual general meeting was duly convened in Hangzhou on May 19, 2026, with shareholders and proxies representing about 87.96% of voting shares in attendance, confirming strong participation and procedural compliance under PRC law and its Articles of Association. All resolutions tabled at the meeting were passed by poll, underscoring broad shareholder support for the company’s governance agenda.

Shareholders approved amendments to the rules of procedure for both the shareholders’ meeting and the board, as well as the repeal of the rules of procedure for the supervisory committee, each receiving 100% of votes cast in favour with no opposing votes. The adoption of these measures signals a significant reshaping of Nongfu Spring’s internal governance framework, including the effective cancellation of its supervisory committee, which may streamline board-level oversight and decision-making for stakeholders as the company advances its next board session and related appointments.

The most recent analyst rating on (HK:9633) stock is a Buy with a HK$59.20 price target. To see the full list of analyst forecasts on Nongfu Spring Co., Ltd. Class H stock, see the HK:9633 Stock Forecast page.

More about Nongfu Spring Co., Ltd. Class H

Nongfu Spring Co., Ltd. is a Chinese beverage producer best known for its packaged drinking water and other ready-to-drink beverages, serving both domestic and international markets through a dual-share structure of Domestic Shares and H Shares listed in Hong Kong. The company operates under PRC company law and the Hong Kong Listing Rules, reflecting its role as a major player in China’s fast-moving consumer goods and beverage sector.

Average Trading Volume: 6,978,171

Technical Sentiment Signal: Hold

Current Market Cap: HK$491B

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