GF Securities shareholders back H-share issuance plan

GF Securities Co. successfully held its second extraordinary general meeting of shareholders in 2025, with all proposed resolutions passing. The meeting, held on November 26, 2025, had 50.9552% of total voting shares represented by 1,148 shareholders and their proxies. The key resolution approved was the general mandate for the board of directors to issue H-shares.

The resolution for the general mandate to issue H-shares was approved by a significant majority. A-share shareholders voted 93.3681% in favor, 6.2955% against, and 0.3364% abstaining. H-share shareholders showed 81.9726% in favor and 18.0274% against. Overall, the resolution passed with 92.1011% of total voting rights (including both A and H shares) in favor, 7.5999% against, and 0.2990% abstaining, meeting the two-thirds majority requirement for special resolutions.

A-share small and medium investors also supported the resolution, with 50.3386% voting in favor, 47.1425% against, and 2.5189% abstaining. The meeting confirmed that the convening and conduct procedures, as well as the qualifications of conveners and attendees, complied with relevant laws and regulations.