GF securities seeks shareholder approval for new H shares issuance mandate

GF Securities Co., Ltd. will convene its 2025 second extraordinary general meeting (EGM) on Wednesday, November 26, 2025, in Guangzhou, PRC. The primary agenda is a special resolution to grant the board a general mandate to issue H Shares. This initiative aims to support high-quality development and bolster the securities industry's role in the real economy.

The proposed mandate would authorize the board to issue, allot, and deal with additional H Shares, with the total nominal value not exceeding 20% of the company's issued overseas listed foreign shares as of the resolution's passing date. The board would also be empowered to determine issue specifics such as pricing, size, allottees, and the use of proceeds.

This mandate, if approved, will be valid until the conclusion of the next annual general meeting, or the expiration of a 12-month period, whichever is earlier, unless revoked. All votes at the EGM will be taken by poll, with the resolution requiring approval by more than two-thirds of the voting rights present.