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Shanghai Chicmax Wins Strong Shareholder Backing at AGM, Clears Dividend and Buyback Mandate

Story Highlights
  • Shanghai Chicmax’s AGM saw strong shareholder turnout, with over 83% of share capital represented and all resolutions receiving overwhelming approval.
  • Investors backed the 2025 profit distribution, auditor reappointments, new credit facilities and a mandate to repurchase H shares, enhancing financial flexibility and confirming a final dividend.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Shanghai Chicmax Wins Strong Shareholder Backing at AGM, Clears Dividend and Buyback Mandate

Meet Samuel – Your Personal Investing Prophet

Shanghai Chicmax Cosmetics Co., Ltd. Class H ( (HK:2145) ) has shared an update.

Shanghai Chicmax Cosmetic Co., Ltd. reported that its annual general meeting held in Shanghai on 8 May 2026 achieved a turnout representing about 83.76% of its total issued share capital, with both H share and unlisted share investors present. The high participation underscores strong shareholder engagement in the company’s governance.

All resolutions on the agenda, including approval of the 2025 board work report, annual report, profit distribution plan, directors’ remuneration and the reappointment of Ernst & Young and Ernst & Young Hua Ming as overseas and domestic auditors for 2026, were passed by wide margins. Shareholders also approved credit and borrowing arrangements with financial institutions and granted the board a general mandate to repurchase H shares, providing the company with increased financial flexibility and capital management options, as well as confirming the payment of a final dividend for 2025.

The most recent analyst rating on (HK:2145) stock is a Buy with a HK$109.10 price target. To see the full list of analyst forecasts on Shanghai Chicmax Cosmetics Co., Ltd. Class H stock, see the HK:2145 Stock Forecast page.

More about Shanghai Chicmax Cosmetics Co., Ltd. Class H

Shanghai Chicmax Cosmetic Co., Ltd. is a PRC-incorporated cosmetics company listed in Hong Kong, focusing on the development and sale of beauty and personal care products. The company serves both domestic and international markets through its H shares and unlisted shares, reflecting a mixed shareholder base and access to offshore capital.

Average Trading Volume: 1,072,975

Technical Sentiment Signal: Sell

Current Market Cap: HK$19.99B

See more insights into 2145 stock on TipRanks’ Stock Analysis page.

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