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Xiabuxiabu Catering Management (China) Holdings Co., Ltd. ( (HK:0520) ) has issued an announcement.
Xiabuxiabu Catering Management (China) Holdings Co., Ltd. has called its annual general meeting for 18 May 2026 in Hong Kong to review the group’s audited financial statements for the year ended 31 December 2025. Shareholders will also vote on the re-election of one executive and two independent non-executive directors, as well as the re-appointment of Deloitte Touche Tohmatsu as auditor and approval of its remuneration.
The meeting will further seek shareholder authorization for a share repurchase mandate allowing the board to buy back up to 10% of the company’s issued share capital, excluding treasury shares, within a defined period. This buyback authority, if granted, would give the board additional flexibility in capital management and potentially support shareholder value, while the director and auditor resolutions aim to maintain continuity in governance and financial oversight.
More about Xiabuxiabu Catering Management (China) Holdings Co., Ltd.
Xiabuxiabu Catering Management (China) Holdings Co., Ltd. is a Hong Kong-listed casual dining group incorporated in the Cayman Islands. The company operates in the catering and restaurant industry on the Chinese mainland, best known for its hotpot and quick-service dining formats targeting mass-market consumers.
Average Trading Volume: 1,541,087
Technical Sentiment Signal: Sell
Current Market Cap: HK$481.5M
For detailed information about 0520 stock, go to TipRanks’ Stock Analysis page.