Xinji Shaxi Sets 2026 AGM to Approve Results, Board Changes and Share Issue Mandate

An update from Xinji Shaxi Group Co., Ltd. ( (HK:3603) ) is now available.

Xinji Shaxi Group Co., Ltd. has convened its annual general meeting for 29 May 2026 in Guangzhou, where shareholders will review and adopt the audited consolidated financial statements and related reports for the year ended 31 December 2025. The agenda also includes the re-election of two executive directors and one non-executive director, approval of directors’ remuneration, re-appointment of CCTH CPA Limited as independent auditor, and the renewal of a general mandate allowing the board to issue up to 20% of the company’s existing share capital, which could support future financing and strategic initiatives while potentially diluting existing holdings if exercised.

If approved, the director re-elections and remuneration authorisation would maintain continuity in the company’s leadership and governance structure, while the auditor re-appointment signals a preference for stability and consistency in financial oversight. The proposed share issuance mandate, subject to specified exclusions such as rights issues and share schemes, would give the board flexibility to raise capital or execute corporate transactions during the defined mandate period, shaping the company’s capacity to respond to market opportunities and manage its capital structure.

More about Xinji Shaxi Group Co., Ltd.

Xinji Shaxi Group Co., Ltd. is a company incorporated in the Cayman Islands and listed on the Main Board of the Hong Kong Stock Exchange under stock code 3603. The group operates through a corporate structure that includes various subsidiaries, with its governance and reporting overseen by a board of directors and an independent auditor, reflecting a typical listed-company framework.

Average Trading Volume: 999,774

Technical Sentiment Signal: Buy

Current Market Cap: HK$134.4M

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