Chifeng Jilong Gold Mining Co., Ltd. Announces 2026 Extraordinary General Meeting and Potential Share Issuance

Key Highlights for Investors

• Extraordinary General Meeting (EGM) Scheduled: Chifeng Jilong Gold Mining Co., Ltd. (“the Company”) will convene its 2026 EGM at 1:00 p.m. on Thursday, 7 May 2026, at the Company’s conference room in Beijing, China.
• Price-Sensitive Resolution: The EGM will consider and approve a special resolution regarding the issuance and allotment of 310,902,731 new H Shares under a specific mandate. This large-scale potential issuance is a significant development that could impact the Company’s share price and capital structure.
• Record Date and Register Closure: The register of H Share members will be closed from Wednesday, 29 April 2026, to Thursday, 7 May 2026 (both days inclusive). Only shareholders whose names appear on the register on 29 April 2026 will be eligible to attend and vote at the EGM.
• Proxy Arrangements: H Shareholders entitled to attend and vote at the EGM may appoint one or more proxies (who do not need to be shareholders). Detailed requirements for proxy documentation and deadlines are provided for shareholder convenience.
• Voting Method: All resolutions at the EGM will be decided by poll, and results will be published on both the HKEXnews and the Company’s official website.

Details of the EGM and Share Issuance Proposal

The main agenda of the upcoming EGM is a special resolution to approve the issuance and allotment of up to 310,902,731 new H Shares. This proposed issuance is highly significant, as it may dilute existing shareholdings but also provides the Company with new capital for growth, expansion, or other strategic activities. Investors should be aware that such a large issuance can lead to both opportunities and risks in terms of share price movement and future earnings per share.

Important Information for Shareholders

• Eligibility: Only H Shareholders whose names are recorded in the Company’s register as of 29 April 2026 will be eligible to participate and vote at the EGM. All transfer documentation must be submitted by 4:30 p.m. on 28 April 2026, to Computershare Hong Kong Investor Services Limited.
• Attendance and Proxies: Shareholders may appoint proxies to represent them at the meeting. Proxy forms and any necessary powers of attorney must be deposited at the Company’s H Share registrar by 1:00 p.m. on 6 May 2026 (24 hours before the EGM). Identification will be required for all attending shareholders and proxies.
• Travel and Expenses: The EGM is expected to last for half a day. Shareholders are responsible for their own travel and accommodation expenses if attending in person.
• Publication of Results: Poll results will be made available on the HKEXnews website (www.hkexnews.hk) and the Company’s website (www.cfgold.com).

Board of Directors

As of the date of the notice, the Board of Directors comprises executive directors Mr. Wang Jianhua (Chairman), Mr. Gao Bo, Ms. Yang Yi-fang, Mr. Lyu Xiaozhao, and Mr. Zhao Qiang; non-executive director Mr. Zhang Xudong; and independent non-executive directors Dr. Wong Yet Ping Ambrose, Prof. Hu Nailian, Dr. Li Houmin, and Dr. Jiang Qi.

Potential Impact on Share Value

The proposed issuance and allotment of 310,902,731 new H Shares under a specific mandate is a material event for Chifeng Jilong Gold Mining Co., Ltd. This action will likely have a direct influence on the Company’s share price, depending on the pricing, use of proceeds, and market perception of the capital raise. Investors are urged to monitor further disclosures regarding the terms and rationale for the issuance, as these details will be crucial for evaluating the investment implications.

Disclaimer

This article is prepared for informational purposes only and does not constitute investment advice. Investors are advised to exercise caution and consider their own circumstances before acting on any information contained herein. Please refer to the official filings and announcements for complete and up-to-date information.

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