Hing Yip Holdings Limited Announces Unanimous Approval of Major EPC Agreement at Special General Meeting

Key Highlights from the Special General Meeting (SGM) on 22 April 2026

• Shareholders of Hing Yip Holdings Limited (Stock Code: 00132) overwhelmingly approved the proposed ordinary resolution concerning a significant engineering, procurement, and construction (EPC) agreement.
• The meeting was convened on 22 April 2026, with all directors present.
• The resolution passed with 100% of votes in favor, representing 1,207,816,896 shares, and no votes against.

Details of the Approved EPC Agreement

The approved resolution authorized Hing Yip Holdings Limited to enter into an EPC agreement dated 11 March 2026, involving the following parties:

• Guangdong Taoyuan Comprehensive Health Elderly Services Co., Ltd.（廣東桃苑大健康養老服務有限公司）
• Guangdong Construction Engineering Co., Ltd.（廣東省構建工程建設有限公司）
• Guangdong Qiyuan Construction Engineering Design Co., Ltd.（廣東啟源建築工程設計院有限公司）

The agreement authorizes any director of the Company to perform all necessary acts, sign documents, and make arrangements to effectuate the EPC Agreement and the transactions contemplated by it.

Shareholder and Voting Information

• The total number of issued and fully paid-up shares of the Company as at the date of the SGM was 1,712,329,142.
• There were no treasury shares nor shares pending cancellation.
• No shares were subject to restrictions requiring holders to abstain from voting or to vote only in favor, and there were no stated intentions to vote against or abstain from voting as per the Company’s circular.
• Tricor Investor Services Limited acted as the scrutineer for the poll results.
• All directors, including Mr. HE Xiangming (Chairman), Mr. FU Weiqiang (President), Mr. LIU Jiali, Mr. CHAN Kwok Wai, Mr. PENG Xinyu, and Ms. LIN Junxian, attended the SGM.

Potential Share Price Sensitivity

Investor Impact: The approval of this EPC agreement represents a significant strategic step for Hing Yip Holdings Limited. The partnership with major engineering and design companies in Guangdong positions Hing Yip to potentially benefit from growth in the health and elderly services sector in China. This could result in increased future revenues, improved market positioning, and greater investor confidence.

The unanimous shareholder support and the absence of any voting restrictions or opposition signals strong alignment between management and shareholders on the Company’s direction. This news could be considered price sensitive as it reflects the Company’s commitment to expansion and sectoral growth, which may impact the perceived value and future performance of Hing Yip Holdings Limited.

Where to Find More Information

Shareholders seeking further details can refer to the Circular dated 1 April 2026, available on the Company’s website and on the Hong Kong Stock Exchange website.

Disclaimer

This article is provided for informational purposes only and does not constitute investment advice. Investors should conduct their own research or consult their financial advisor before making any investment decisions. The information is based on publicly available documents as of the date of publication and may be subject to change.

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