Leo Group shareholders approve Hong Kong H-share listing

Leo Group Co., Ltd. held its first extraordinary general meeting of shareholders for 2025 on September 23, 2025. Shareholders approved the company's plan to issue H-shares and list them on the Hong Kong Stock Exchange, with 99.6728% of votes in favor. The meeting, convened by the board and presided over by chairman Wang Xiangrong, also saw the approval of the H-share listing proposal, with 99.6380% of votes for the listing location and 99.6367% for the type and par value of the shares.

Further resolutions passed include the approval for the H-share offering and listing period (99.6379% in favor), the offering method (99.6206% in favor), and the offering size (99.6174% in favor). Shareholders also authorized the board of directors to handle all matters related to the H-share issuance and listing, which received 99.6065% approval.

Additional key approvals included the company's conversion to an overseas-funded listed company (99.5954% in favor), the H-share proceeds utilization plan (99.6147% in favor), and the pre-listing retained earnings distribution plan (99.5905% in favor). Revisions to the company's articles of association and related governance documents post-H-share listing were also largely approved.