CITIC Securities proposes major governance changes, dividend, and transaction renewals

CITIC Securities Company Limited has announced an extraordinary general meeting and H shareholders’ class meeting for December 19, 2025, to approve several key initiatives. These include the appointment of additional directors, proposed amendments to the articles of association and rules of procedure, and the dissolution of the supervisory committee, with its duties transferring to the audit committee.

Furthermore, the company proposes an interim profit distribution plan for 2025, offering a cash dividend of RMB2.90 per 10 shares. Shareholders will also consider the renewal of the securities and financial products transactions and services framework agreement with CITIC Group, extending it for three financial years ending December 31, 2028. This renewal includes setting annual caps for various continuing connected transactions. The company has secured a waiver from the Hong Kong Stock Exchange regarding annual caps for certain deposit balances.