Baoguang Industrial (International) Limited announced that the shareholder's annual meeting will be held on August 20, 2024 at 3:00 pm at room 2001, 20th floor, Baoguang Commercial Center, 698 Prince Edward Road East, Kowloon, Hong Kong. The meeting agenda includes the general authorization for directors to repurchase and issue new shares, the election of directors, the revision and adoption of new rules, and other matters. The details of the shareholder meeting notice are contained in the company letter pages 16 to 20. The company also reminds shareholders to promptly fill in and return the proxy appointment form as instructed, whether or not they can attend the meeting. In addition, the company will suspend the registration of share transfers from August 15 to 20, 2024 to determine the list of shareholders...Show More

Baoguang Industrial (International) Limited announced that the shareholder's annual meeting will be held on August 20, 2024 at 3:00 pm at room 2001, 20th floor, Baoguang Commercial Center, 698 Prince Edward Road East, Kowloon, Hong Kong. The meeting agenda includes the general authorization for directors to repurchase and issue new shares, the election of directors, the revision and adoption of new rules, and other matters. The details of the shareholder meeting notice are contained in the company letter pages 16 to 20. The company also reminds shareholders to promptly fill in and return the proxy appointment form as instructed, whether or not they can attend the meeting. In addition, the company will suspend the registration of share transfers from August 15 to 20, 2024 to determine the list of shareholders who are eligible to attend and vote. The company's most recent share repurchase authorization will expire at the end of the 2024 shareholder annual meeting, and the new authorization will allow the company to repurchase up to 10% of the total issued shares in the next year. At the same time, the company proposes a general authorization for the issuance of shares, allowing the directors to issue up to 20% of the total issued shares in the next year. The company also proposes to adopt new rules to reflect the latest regulatory requirements. Regarding the election of directors, Mr. Chen Zhuobin and Mr. Li Zhenyu will be nominated as independent non-executive directors. The detailed agenda and related documents of the company's shareholder annual meeting have been provided on the company's website.