China Everbright Greentech Limited Announces Extraordinary General Meeting (EGM) for Major Asset Sale Approval

Key Points for Investors

• EGM Scheduled: China Everbright Greentech Limited will hold an Extraordinary General Meeting (EGM) on Friday, 15 May 2026 at 3:15 p.m. (or immediately after its annual general meeting) at the Grand Hyatt Hong Kong.
• Major Transaction for Approval: The EGM’s primary agenda is the approval of an Underlying Asset Sale and Purchase Agreement between Everbright Greentech Management Shenzhen and AXA SPDB AM (acting for ABS Program – Phase 2).
• Potential Price-Sensitive Event: Approval of this asset sale agreement and the related transactions could significantly impact the company’s financial position and future direction, potentially affecting share values.
• Board Authorization: The resolution seeks to authorize any one director to take necessary actions and execute documents to implement the agreement and its transactions.

Details of the Asset Sale Agreement

The resolution to be considered at the EGM proposes:

• Approval of the Underlying Asset Sale and Purchase Agreement between Everbright Greentech Management Shenzhen and AXA SPDB AM (on behalf of ABS Program – Phase 2).
• Authorization for any one director to act on behalf of the Company and its subsidiaries to carry out all necessary actions and execute documents related to the agreement and its contemplated transactions.

This potential asset sale is a significant corporate event, and its approval may influence the company’s operational and financial outlook.

Shareholder Information & Important Dates

• Record Date: Friday, 15 May 2026. Only shareholders registered by this date are entitled to attend and vote at the EGM.
• Share Transfer Deadline: Share transfer documents must be lodged for registration with Tricor Investor Services Limited by 4:30 p.m. on Friday, 8 May 2026.
• Proxy Voting: Shareholders may appoint proxies (including the EGM chairman) to vote on their behalf. Proxy forms must be submitted at least 48 hours before the EGM.
• Joint Shareholders: Any one joint holder can vote. If multiple are present, the vote of the senior holder will be accepted.
• Bad Weather Contingency: If Typhoon Signal No. 8 or above, black rainstorm warning, or “extreme conditions” are in effect, the meeting will proceed unless otherwise notified on the company and HKEX websites.

Board Composition

The current board consists of:

• Dr. Zhu Fugang (Chairman, Executive Director)
• Mr. Liang Haidong (Chief Executive Officer, Executive Director)
• Mr. Huang Chaoxiong (Executive Director)
• Ms. Mao Jing (Non-executive Director)
• Mr. Chow Siu Lui (Independent Non-executive Director)
• Prof. Yan Houmin (Independent Non-executive Director)
• Mr. Li Huaqiang (Independent Non-executive Director)

Potential Impact on Shareholders and Share Price

The proposed asset sale agreement represents a major transaction for China Everbright Greentech Limited. If approved, it could materially affect the company’s asset portfolio, financial health, and future strategic direction. Investors should closely monitor the outcome of the EGM, as the result may drive significant movements in the company’s share price depending on market perception of the transaction’s value and implications.

Disclaimer

The information provided herein is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence and consult professional advisors before making any investment decisions relating to China Everbright Greentech Limited.

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