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Ruisen Life Service Shareholders Approve All AGM Resolutions, Renew Board and Capital Mandates

Story Highlights
  • Shareholders approved all AGM resolutions, including 2024 accounts, auditor reappointment and key director re-elections.
  • Investors backed broad share issue and repurchase mandates, preserving Ruisen Life Service’s capital management flexibility.
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Ruisen Life Service Shareholders Approve All AGM Resolutions, Renew Board and Capital Mandates

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Yincheng Life Service Co., Ltd. ( (HK:1922) ) just unveiled an announcement.

At its annual general meeting held on 31 December 2025, Ruisen Life Service Co., Limited reported that all resolutions put to shareholders by poll were passed, including the adoption of the 2024 audited financial statements and the re-appointment of Zhonghui Anda CPA Limited as the company’s auditor. Shareholders approved the re-election of several directors, including independent non-executive directors Li Yougen, Mao Ning and Tang Wai Ha, and non-executive director Zhang Mingming, while executive director Zhu Li and non-executive directors Wen Hao and Ma Wenhong were re-elected despite notable opposition votes, suggesting some investor concern over aspects of the board composition. The meeting also authorized the board to fix directors’ remuneration, granted general mandates to issue and repurchase shares, and approved extending the issuance mandate by the amount of repurchased shares, thereby maintaining board flexibility over capital management and supporting the company’s capacity to respond to future financing and buyback opportunities.

More about Yincheng Life Service Co., Ltd.

Ruisen Life Service Co., Limited is a Hong Kong-listed company incorporated in the Cayman Islands, operating in the property management and community life services sector, providing various management and ancillary services to residential and commercial properties in mainland China and focusing on delivering value-added services to property owners and occupants.

Technical Sentiment Signal: Sell

Current Market Cap: HK$363.3M

For detailed information about 1922 stock, go to TipRanks’ Stock Analysis page.

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