Li Ning proposes mandates, dividend, director re-elections, auditor change

Li Ning Company Limited (HKEX:2331) has issued a circular outlining key resolutions for its annual general meeting (AGM) to be held on June 12, 2025. Shareholders will consider proposals for general mandates to issue new shares and repurchase existing ones, each capped at 10% of the company's issued share capital. The company held 2,584,797,906 shares as of May 14, 2025. Also on the agenda is the approval of a final dividend of RMB20.73 cents per share for the year ended December 31, 2024, payable to shareholders and holders of convertible securities.