Shandong Weigao proposes new incentive scheme, interim dividend ahead of EGM

Shandong Weigao Group Medical Polymer Company Limited has announced an extraordinary general meeting (EGM) to be held on Friday, October 17, 2025, to consider several key proposals. The primary proposal is the adoption of the "2025 H Shares Incentive Scheme," which aims to attract and retain talent by granting H shares as awards. This scheme will be valid for ten years from the adoption date, with a total of 204,695,564 H shares potentially issuable under the scheme mandate limit.

The board also proposed an interim cash dividend of RMB0.0969 per share for the six months ended June 30, 2025. This dividend, if approved, will be paid on or before Friday, November 21, 2025, to shareholders registered by Friday, October 24, 2025. Dividends for domestic shares will be in RMB, while H shares will be in HKD, based on an average exchange rate.

Additionally, the EGM will address proposed amendments to the company’s Articles of Association, divided into three batches, to align with regulatory changes and enhance operational flexibility. Mrs. Meng Hong's reappointment as an independent non-executive director will also be put to a vote.