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MetaLight Inc. — Proxy Solicitation & Information Statement 2026
May 29, 2026
50708_rns_2026-05-29_152be7be-4697-4445-bb5b-e0d0811eb363.pdf
Proxy Solicitation & Information Statement
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THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION
If you are in any doubt as to any aspect of this circular or as to the action to be taken, you should consult a stockbroker or other registered dealer in securities, a bank manager, solicitor, professional accountant or other professional adviser.
If you have sold or transferred all your shares in MetaLight Inc., you should at once hand this circular, together with the enclosed form of proxy, to the purchaser or transferee or to the bank, stockbroker or other agent through whom the sale or transfer was effected for transmission to the purchaser or transferee.
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this circular, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this circular.
元光科技
MetaLight Inc.
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 2605)
(1) PROPOSED RE-ELECTION OF DIRECTORS
(2) PROPOSED RE-APPOINTMENT OF AUDITOR
(3) PROPOSED GRANTING OF GENERAL MANDATES TO REPURCHASE SHARES AND TO ISSUE SHARES
AND
(4) NOTICE OF ANNUAL GENERAL MEETING
The notice convening the Annual General Meeting of MetaLight Inc. to be held at 1/F, Liangdian Creative Park, No. 94, Dongsishitiao Street, Dongcheng District, Beijing, PRC on Monday, June 22, 2026 at 11:00 a.m. is set out in this circular.
Whether or not you are able to attend the Annual General Meeting, please complete and sign the enclosed form of proxy for use at the Annual General Meeting in accordance with the instructions printed thereon and return it to the Company's Hong Kong branch share registrar, Computershare Hong Kong Investor Services Limited, at 17M Floor, Hopewell Centre, 183 Queen's Road East, Wan Chai, Hong Kong as soon as possible but in any event not less than 48 hours before the time appointed for the Annual General Meeting (i.e. not later than 11:00 a.m. on Saturday, June 20, 2026 (Hong Kong time)) or the adjourned meeting (as the case may be). Completion and return of the form of proxy will not preclude shareholders from attending and voting in person at the Annual General Meeting if they so wish, in such event, the form of proxy shall be deemed to be revoked. For the avoidance of doubt, holders of treasury Shares of the Company, if any, shall abstain from voting at the Annual General Meeting.
This circular together with the form of proxy are also published on the websites of Hong Kong Exchanges and Clearing Limited (www.hkexnews.hk) and the Company (www.metalight.ai).
References to time and dates in this circular are to Hong Kong time and dates.
May 29, 2026
CONTENTS
Page
DEFINITIONS ... 1
LETTER FROM THE BOARD ... 3
APPENDIX I — DETAILS OF RETIRING DIRECTORS
PROPOSED TO BE RE-ELECTED AT THE
ANNUAL GENERAL MEETING ... I-1
APPENDIX II — EXPLANATORY STATEMENT ON THE SHARE
REPURCHASE MANDATE ... II-1
NOTICE OF ANNUAL GENERAL MEETING ... AGM-1
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DEFINITIONS
In this circular, unless the context otherwise requires, the following expressions shall have the following meanings:
“Annual General Meeting” the annual general meeting of the Company to be held at 1/F, Liangdian Creative Park, No. 94, Dongsishitiao Street, Dongcheng District, Beijing, PRC on Monday, June 22, 2026 at 11:00 a.m., to consider and, if appropriate, to approve the resolutions contained in the notice of the meeting which is set out on pages AGM-1 to AGM-5 of this circular, or any adjournment thereof
“Articles of Association” the articles of association of the Company currently in force
“Board” the board of Directors
“CCASS” the Central Clearing and Settlement System established and operated by Hong Kong Securities Clearing Company Limited
“Company” MetaLight Inc., an exempted company incorporated with limited liability in the Cayman Islands on May 21, 2015, the shares of which are listed on the Main Board of the Stock Exchange
“Director(s)” the director(s) of the Company
“Group” the Company and its subsidiaries
“HK$” Hong Kong dollars, the lawful currency of Hong Kong
“Hong Kong” the Hong Kong Special Administrative Region of the People’s Republic of China
“Issuance Mandate” a general mandate proposed to be granted to the Directors to allot, issue or deal with additional Shares (including any sale or transfer of treasury Shares) of not exceeding 20% of the total number of issued Shares (excluding any treasury Shares) as at the date of passing of the proposed ordinary resolution contained in item 6 of the notice of the Annual General Meeting
“Latest Practicable Date” May 22, 2026, being the latest practicable date prior to the printing of this circular for ascertaining certain information in this circular
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DEFINITIONS
"Listing Date"
June 10, 2025, the date on which dealings in the Shares commenced on the Stock Exchange
"Listing Rules"
the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited as amended from time to time
"Nomination Committee"
the nomination committee of the Company
"Remuneration Committee"
the remuneration committee of the Company
"SFO"
the Securities and Futures Ordinance, Chapter 571 of the Laws of Hong Kong, as amended or supplemented from time to time
"Share(s)"
ordinary share(s) of US$0.0001 each in the issued capital of the Company or if there has been a subsequent sub-division, consolidation, reclassification or reconstruction of the share capital of the Company, shares forming part of the ordinary equity share capital of the Company
"Share Repurchase Mandate"
a general mandate proposed to be granted to the Directors to repurchase Shares on the Stock Exchange of not exceeding 10% of the total number of issued shares of the Company (excluding any treasury Shares) as at the date of passing of the proposed ordinary resolution contained in item 5 of the notice of the Annual General Meeting
"Shareholder(s)"
holder(s) of Share(s)
"Stock Exchange"
The Stock Exchange of Hong Kong Limited
"Takeovers Code"
the Code on Takeovers and Mergers approved by the Securities and Futures Commission as amended from time to time
"treasury Shares"
has the meaning ascribed to it under the Listing Rules as amended from time to time
"US$"
United States dollar(s), the lawful currency of United States
"%"
per cent
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LETTER FROM THE BOARD
元光科技
MetaLight Inc.
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 2605)
Executive Directors:
Dr. Sun Xi (孫熊)
(Chairperson and Chief Executive Officer)
Ms. Qian Jinlei (錢金蕾)
Mr. Xu Cheng (許誠)
Mr. Xiao Pingyuan (肖平原)
Independent Non-executive Directors:
Dr. Xiong Yingfei (熊英飛)
Ms. Su Yu (蘇瑜)
Mr. Huang Xiaoling (黃曉凌)
Registered Office in the Cayman Islands:
Palm Grove, Unit 4
265 Smith Road, George Town
P.O. Box 52A Edgewater Way, #1653
Grand Cayman, KY1-9006, Cayman Islands
Headquarters and Principal Place of
Business in the People's Republic of China:
1/F, Liangdian Creative Park
No. 94, Dongsishitiao Street
Dongcheng District
Beijing
People's Republic of China
Principal Place of Business in Hong Kong:
Units 908-915, 9/F, Block F
100 Cyberport Road
Cyberport 3, Hong Kong
May 29, 2026
To the Shareholders
Dear Sir/Madam,
(1) PROPOSED RE-ELECTION OF DIRECTORS
(2) PROPOSED RE-APPOINTMENT OF AUDITOR
(3) PROPOSED GRANTING OF GENERAL MANDATES TO REPURCHASE SHARES AND TO ISSUE SHARES AND
(4) NOTICE OF ANNUAL GENERAL MEETING
1. INTRODUCTION
The purpose of this circular is to provide the Shareholders with information in respect of certain resolutions to be proposed at the Annual General Meeting to be held on June 22, 2026.
LETTER FROM THE BOARD
2. PROPOSED RE-ELECTION OF DIRECTORS
In accordance with Article 16.18 of the Articles of Association, Dr. Sun Xi, Ms. Qian Jinlei, Mr. Xu Cheng and Mr. Huang Xiaoling shall retire at the Annual General Meeting. In addition, Mr. Xiao Pingyuan and Dr. Xiong Yingfei, who have been appointed by the Board on December 31, 2025, shall hold office only until the first annual general meeting of the Company after their appointments pursuant to Article 16.2 of the Articles of Association. All of the above retiring Directors, being eligible, will offer themselves for re-election at the Annual General Meeting.
Dr. Xiong Yingfei and Mr. Huang Xiaoling, being the independent non-executive Directors, confirmed their independence with reference to the factors set out in Rule 3.13 of the Listing Rules.
The Nomination Committee has reviewed the structure and composition of the Board, the confirmations and disclosures given by the Directors, the qualifications, skills and experience, time commitment and contribution of the retiring Directors with reference to the nomination principles and criteria set out in the Company's Board Diversity Policy and Director Nomination Policy and the Company's corporate strategy, and the independence of all Independent Non-executive Directors. The Nomination Committee has recommended to the Board on re-election of all the retiring Directors who are due to retire at the Annual General Meeting. The Company considers that the retiring independent non-executive Directors are independent in accordance with the independence guidelines set out in the Listing Rules and will continue to bring valuable business experience, knowledge and professionalism to the Board for its efficient and effective functioning and diversity.
Details of the retiring Directors proposed for re-election at the Annual General Meeting are set out in Appendix I to this circular.
3. PROPOSED RE-APPOINTMENT OF AUDITOR
Ernst & Young will retire as the auditor of the Company at the Annual General Meeting and, being eligible, offer themselves for re-appointment.
An ordinary resolution will be proposed at the Annual General Meeting to approve the re-appointment of Ernst & Young, as the auditor of the Company until the conclusion of the next annual general meeting of the Company. The re-appointment of the auditor of the Company has been reviewed by the audit committee of the Company which made recommendation to the Board that the re-appointment be submitted and proposed for Shareholders' approval at the Annual General Meeting. After due and fair negotiation between the Company and Ernst & Young, the estimated audit fee in respect of audit services for the year ending December 31, 2026 is expected to be between RMB2,100,000 and RMB2,500,000, which was determined with reference to (i) the fees paid to Ernst & Young in respect of the audit services for the year ended December 31, 2025, (ii) the expected audit scope and timetable considering the Company's
LETTER FROM THE BOARD
current business nature and complexity, and (iii) the anticipated workload of, and resources required from Ernst & Young.
Such estimated range of audit fee are based on the assumptions that there will be no material changes in the Company's operations, accounting policies or regulatory environment during the relevant financial year, and that the Company will provide timely and sufficient assistance and information as reasonably required for the respective engagements.
Unless there are material changes to the above bases or assumptions, the final fees are not expected to differ materially from the estimated ranges as disclosed. in the event of any material changes, the Company will make further disclosure as appropriate.
4. PROPOSED GRANTING OF GENERAL MANDATE TO REPURCHASE SHARES
By way of written resolutions of the shareholders of the Company dated May 29, 2025, a general mandate was granted to the Directors to repurchase Shares. Such mandate will lapse at the conclusion of the Annual General Meeting. In order to give the Company the flexibility to repurchase Shares if and when appropriate, an ordinary resolution will be proposed at the Annual General Meeting to approve the granting of the Share Repurchase Mandate to the Directors to repurchase Shares on the Stock Exchange of not exceeding 10% of the total number of issued Shares of the Company (excluding any treasury Shares) as at the date of passing of the proposed ordinary resolution contained in item 5 of the notice of the Annual General Meeting (i.e. (i) as at the Latest Practicable Date, the total issued and outstanding share capital is 154,590,662 Shares; and (ii) assuming there will be no change in the issued and outstanding share capital between the Latest Practicable Date and the date of the Annual General Meeting, a maximum of 15,459,066 Shares would be allowed to be repurchased under the Share Repurchase Mandate.
An explanatory statement required by the Listing Rules to provide the Shareholders with requisite information reasonably necessary for them to make an informed decision on whether to vote for or against the granting of the Share Repurchase Mandate is set out in Appendix II to this circular.
5. PROPOSED GRANTING OF GENERAL MANDATE TO ISSUE SHARES
By way of written resolutions of the shareholders of the Company dated May 29, 2025, a general mandate was granted to the Directors to allot, issue and deal Shares. Such mandate will lapse at the conclusion of the Annual General Meeting. In order to give the Company the flexibility to allot, issue and deal with Shares if and when appropriate, an ordinary resolution will be proposed at the Annual General Meeting to approve the granting of the Issuance Mandate to the Directors to allot, issue or deal with additional Shares (including any sale or transfer of treasury Shares) of not exceeding 20% of the total number of issued Shares of the Company (excluding any treasury Shares) as at the date of passing of the proposed ordinary resolution contained in item 6 of the notice of the Annual General Meeting (i.e. (i) as at the Latest Practicable Date, the total issued and outstanding share capital is 154,590,662 Shares; and (ii) assuming there will be no change in the issued and outstanding share capital between the Latest
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LETTER FROM THE BOARD
Practicable Date and the date of the Annual General Meeting, a maximum of 30,918,132 Shares would be allowed to be issued under the Issuance Mandate.
An ordinary resolution to extend the Issuance Mandate by adding the number of Shares to be repurchased by the Company pursuant to the Share Repurchase Mandate will also be proposed at the Annual General Meeting.
6. ANNUAL GENERAL MEETING AND PROXY ARRANGEMENT
The notice of the Annual General Meeting is set out on pages AGM-1 to AGM-5 of this circular.
Pursuant to the Listing Rules and the Articles of Association, any vote of Shareholders at a general meeting must be taken by poll except where the chairman, in good faith, decides to allow a resolution relating purely to a procedural or administrative matter to be voted on by a show of hands. An announcement on the poll results will be published by the Company after the Annual General Meeting in the manner prescribed under the Listing Rules.
A form of proxy for use at the Annual General Meeting is enclosed with this circular and such form of proxy is also published on the websites of Hong Kong Exchanges and Clearing Limited (www.hkexnews.hk) and the Company (www.metalight.ai). To be valid, the form of proxy must be completed and signed in accordance with the instructions printed thereon and deposited, together with the power of attorney or other authority (if any) under which it is signed or a certified copy of that power of attorney or authority at the Company's Hong Kong branch share registrar, Computershare Hong Kong Investor Services Limited, at 17M Floor, Hopewell Centre, 183 Queen's Road East, Wan Chai, Hong Kong as soon as possible but in any event not less than 48 hours before the time appointed for the Annual General Meeting (i.e. not later than 11:00 a.m. on Saturday, June 20, 2026 (Hong Kong time)) or the adjourned meeting (as the case may be). Completion and delivery of the form of proxy will not preclude you from attending and voting at the Annual General Meeting if you so wish and, in such event, the form of proxy shall be deemed to be revoked.
7. RESPONSIBILITY STATEMENT
This circular, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief, the information contained in this circular is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this circular misleading.
LETTER FROM THE BOARD
8. RECOMMENDATION
The Directors consider that the proposed re-election of retiring Directors, re-appointment of auditor, and granting of the Share Repurchase Mandate and the Issuance Mandate are in the best interests of the Company and the Shareholders as a whole. Accordingly, the Directors recommend the Shareholders to vote in favour of the relevant resolutions to be proposed at the Annual General Meeting.
Yours faithfully,
For and on behalf of the Board
MetaLight Inc.
Dr. Sun Xi
Chairman of the Board, Executive Director and Chief Executive Officer
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APPENDIX I DETAILS OF RETIRING DIRECTORS PROPOSED TO BE RE-ELECTED AT THE ANNUAL GENERAL MEETING
The following are details of the Directors who will retire and being eligible, offer themselves for re-election at the Annual General Meeting.
(1) Dr. Sun Xi – Executive Director
Dr. Sun Xi (孫熙), aged 43, is our executive Director, the chairman of the Board and the chief executive officer. Dr. Sun joined our Group in June 2014. He was appointed as a Director on October 20, 2015, and re-designated as our executive Director on May 30, 2024. Dr. Sun is primarily responsible for the overall strategic planning and business direction and day-to-day management of our Group.
Prior to the establishment of Wuhan Yuanguang, Dr. Sun served as the director of research and development at Tenfen (Beijing) Information Technology Co., Ltd. (十分(北京)信息科技有限公司) from September 2012 to June 2014. From April 2009 to August 2012, Dr. Sun worked at IBM China Research Laboratory as a researcher focusing on intelligent transportation.
Dr. Sun received a bachelor's degree from the Department of Computer Science and Technology of Peking University in the PRC in July 2003 and a Ph.D. degree from school of electronics engineering and computer science of Peking University in the PRC in January 2009.
Dr. Sun is a senior engineer in computer science and technology certified by the Human Resources and Social Security Department of Hubei Province (湖北省人力资源和社會保障廳) in August 2022 and has been awarded the innovative talents under 3551 Optics Valley Talent Plan (3551光谷人才計劃) of 2021 by the Administrative Committee of Wuhan East Lake New-tech Development Zone (武漢東湖新技術開發區管理委員會).
Dr. Sun is the cousin of Mr. Xu Cheng, executive Director.
Dr. Sun is a substantial Shareholder of the Company. Dr. Sun, Mr. Chen Xiao, Mr. Xiao Pingyuan and their respective controlled entities, namely Meta Hope Ltd., Bus Hope Ltd. and Bus Cherish Ltd. (each a "Concert Party" and collectively, the "Concert Parties"), entered into the acting-in-concert agreement (the "AIC Agreement") on December 30, 2023. Pursuant to the AIC Agreement, the Concert Parties are obligated to vote unanimously at all shareholders' meetings of the Company. If they cannot agree on a relevant issue, Mr. Chen Xiao and Mr. Xiao Pingyuan, together with their controlled entities, shall act in accordance with the direction of Dr. Sun (including but not limited to acting through entities or trusts controlled by Dr. Sun). Each of Dr. Sun, Mr. Chen Xiao, Mr. Xiao Pingyuan, Meta Hope Ltd., Bus Hope Ltd. and Bus Cherish Ltd. is a substantial Shareholder of the Company.
Dr. Sun (together with Meta Hope Ltd., a company wholly owned by him and a substantial Shareholder of the Company) has been authorized by the 2023 Voting Agreement to exercise the voting rights attached to all the indirect equity interests in the Company held by Bus Dream Ltd.
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APPENDIX I DETAILS OF RETIRING DIRECTORS PROPOSED TO BE RE-ELECTED AT THE ANNUAL GENERAL MEETING
As at the Latest Practicable Date, Dr. Sun has interests in a total of 32,629,326 Shares within the meaning of Part XV of the SFO.
Dr. Sun has entered into a service contract with the Company for an initial term of one year commencing from the Listing Date, which is subject to the provisions of the Memorandum and Articles of Association of the Company (as amended from time to time) and the Corporate Governance Code set out in Appendix C1 to the Listing Rules. He is subject to retirement by rotation and re-election at least once every three years at the annual general meeting in accordance with the provisions of the Articles of Association. Pursuant to the service contract, Dr. Sun shall not receive any director's fees for serving as an executive director, except for the remuneration received in respect of his management position with the Company.
Save as disclosed above, to the best knowledge and belief of the Board and having made all reasonable enquiries, Dr. Sun (i) has not held any directorship in other public companies, the securities of which are listed on any securities market in Hong Kong or overseas in the last three years; (ii) does not hold any other positions in the Group; and (iii) does not have any relationship with any other Directors, senior management, substantial Shareholders or controlling Shareholders (as each respectively defined in the Listing Rules).
There are no other matters relating to Dr. Sun's re-election that need to be brought to the attention of the Shareholders and there is no other information that is required to be disclosed pursuant to Rule 13.51(2)(h) to (v) of the Listing Rules.
(2) Ms. Qian Jinlei – Executive Director
Ms. Qian Jinlei (錢金蕾), aged 44, is our executive Director and chief operating officer. Ms. Qian joined our Group as chief operating officer in September 2015. She was appointed as a Director on April 10, 2020, and re-designated as our executive Director on May 30, 2024. Ms. Qian is primarily responsible for overseeing the Chelaile business and the Group's day-to-day operations.
Prior to joining our Group, Ms. Qian worked at Beijing Qunar Software Technology Co., Ltd. (北京趣拿軟件科技有限公司) as an architect from April 2014 to September 2014. From February 2011 to December 2013, Ms. Qian worked as a researcher in the department of Tencent Search platform at Tencent Technology (Beijing) Co., Ltd. (腾訊科技(北京)有限公司), a company ultimately controlled by Tencent Holdings Limited which is listed on the Stock Exchange (stock code: 00700.HK). From July 2006 to February 2011, Ms. Qian worked as an engineer in the department of search content technology at Baidu Online Network Technology (Beijing) Co., Ltd. (百度在線網絡技術(北京)有限公司), a company ultimately controlled by Baidu, Inc., which is listed on the Stock Exchange (stock code: 09888.HK) and the Nasdaq Global Select Market (symbol: BIDU).
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APPENDIX I DETAILS OF RETIRING DIRECTORS PROPOSED TO BE RE-ELECTED AT THE ANNUAL GENERAL MEETING
Ms. Qian received a bachelor’s degree in computer science and technology in July 2003 and a master’s degree in computer software and theory in July 2006 from Peking University in the PRC, respectively.
Ms. Qian is a senior engineer in computer science and technology certified by the Human Resources and Social Security Department of Hubei Province (湖北省人力资源和社會保障廳) on August 27, 2022 and has been awarded the (long-term) innovative talent of the 13th batch of 3551 Optics Valley Talent Plan (3551光谷人才計劃) by the Administrative Committee of Wuhan East Lake New-tech Development Zone (武漢東湖新技術開發區管理委員會) in March 2021.
As at the Latest Practicable Date, Ms. Qian has interests in a total of 13,129,743 Shares within the meaning of Part XV of the SFO.
Ms. Qian has entered into a service contract with the Company for an initial term of one year commencing from the Listing Date, which is subject to the provisions of the Memorandum and Articles of Association of the Company (as amended from time to time) and the Corporate Governance Code set out in Appendix C1 to the Listing Rules. She is subject to retirement by rotation and re-election at least once every three years at the annual general meeting in accordance with the provisions of the Articles of Association. Pursuant to the service contract, Ms. Qian shall not receive any director’s fees for serving as an executive director, except for the remuneration received in respect of her management position with the Company.
Save as disclosed above, to the best knowledge and belief of the Board and having made all reasonable enquiries, Ms. Qian (i) has not held any directorship in other public companies, the securities of which are listed on any securities market in Hong Kong or overseas in the last three years; (ii) does not hold any other positions in the Group; and (iii) does not have any relationship with any other Directors, senior management, substantial Shareholders or controlling Shareholders (as each respectively defined in the Listing Rules).
There are no other matters relating to Ms. Qian’s re-election that need to be brought to the attention of the Shareholders and there is no other information that is required to be disclosed pursuant to Rule 13.51(2)(h) to (v) of the Listing Rules.
(3) Mr. Xu Cheng – Executive Director
Mr. Xu Cheng (許誠), aged 48, is our executive Director and chief development officer. Mr. Xu joined our Group in September 2015 as the chief development officer. He was appointed as a Director on November 9, 2023 and re-designated as our executive Director on May 30, 2024. Mr. Xu is primarily responsible for overseas business development and business cooperation maintenance.
Prior to joining our Group, Mr. Xu worked as the director of sales for northern China at the value-added software division of Digital China (China) Limited (神州數碼(中國)有限公司), an wholly owned subsidiary of Digital China Group Co., Ltd., a company listed on the Shenzhen
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APPENDIX I DETAILS OF RETIRING DIRECTORS PROPOSED TO BE RE-ELECTED AT THE ANNUAL GENERAL MEETING
Stock Exchange (stock code: 000034.SZ) from April 2004 to October 2009. From November 2009 to September 2015, Mr. Xu worked as the deputy general manager at the software division II of Datang Software Technologies Co. Ltd. (大唐軟件技術股份有限公司).
Mr. Xu received a bachelor's degree in industry automation from University of Science and Technology Beijing (北京科技大學) in the PRC in July 2000.
Mr. Xu is the cousin of Dr. Sun Xi, executive Director, the chairman of the Board and chief executive office of the Company.
Mr. Xu has entered into a service contract with the Company for an initial term of one year commencing from the Listing Date, which is subject to the provisions of the Memorandum and Articles of Association of the Company (as amended from time to time) and the Corporate Governance Code set out in Appendix C1 to the Listing Rules. He is subject to retirement by rotation and re-election at least once every three years at the annual general meeting in accordance with the provisions of the Articles of Association. Pursuant to the service contract, Mr. Xu shall not receive any director's fees for serving as an executive director, except for the remuneration received in respect of his management position with the Company.
Save as disclosed above, to the best knowledge and belief of the Board and having made all reasonable enquiries, Mr. Xu (i) has not held any directorship in other public companies, the securities of which are listed on any securities market in Hong Kong or overseas in the last three years; (ii) does not have, and is not deemed to have, any interests or short positions in the Shares, underlying Shares or debentures of the Company or any of its associated corporations which are required to be disclosed under Part XV of the SFO; (iii) does not hold any other positions in the Group; and (iv) does not have any relationship with any other Directors, senior management, substantial Shareholders or controlling Shareholders (as each respectively defined in the Listing Rules).
There are no other matters relating to Mr. Xu's re-election that need to be brought to the attention of the Shareholders and there is no other information that is required to be disclosed pursuant to Rule 13.51(2)(h) to (v) of the Listing Rules.
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APPENDIX I DETAILS OF RETIRING DIRECTORS PROPOSED TO BE RE-ELECTED AT THE ANNUAL GENERAL MEETING
(4) Mr. Xiao Pingyuan – Executive Director
Mr. Xiao Pingyuan (肖平原), aged 38, joined the Group in 2012 and was appointed as an executive Director on December 31, 2025. Mr. Xiao is primarily responsible for product research and development and the Group’s innovation initiatives. Mr. Xiao has 15 years of experience in software research and development. Prior to joining the Group, Mr. Xiao served as a software engineer at Guanggu Chuangye Street in Wuhan (武漢光谷創業街). Mr. Xiao obtained a Bachelor’s Degree in Bioinformatics from Huazhong University of Science and Technology in 2010.
Mr. Xiao is a substantial Shareholder of the Company. Dr. Sun Xi, Mr. Chen Xiao, Mr. Xiao and their respective controlled entities, the Concert Parties, entered into the AIC Agreement on December 30, 2023. Pursuant to the AIC Agreement, the Concert Parties are obligated to vote unanimously at all shareholders’ meetings of the Company. If they cannot agree on a relevant issue, Mr. Chen Xiao and Mr. Xiao, together with their controlled entities, shall act in accordance with the direction of Dr. Sun Xi (including but not limited to acting through entities or trusts controlled by Dr. Sun Xi). Each of Dr. Sun Xi, Mr. Chen Xiao, Mr. Xiao, Meta Hope Ltd., Bus Hope Ltd. and Bus Cherish Ltd. is a substantial Shareholder of the Company.
As at the Latest Practicable Date, Mr. Xiao has interests in a total of 32,629,326 Shares within the meaning of Part XV of the SFO
Mr. Xiao has entered into a letter of appointment with the Company for an initial term of one year commencing from the date of his appointment (December 31, 2025), which is subject to the provisions of the Memorandum and Articles of Association of the Company (as amended from time to time) and the Corporate Governance Code set out in Appendix C1 to the Listing Rules. He is subject to retirement and re-election at least once every three years at the annual general meeting in accordance with the provisions of the Articles of Association. Pursuant to the letter of appointment, Mr. Xiao shall not receive any director’s fees for serving as an executive director, except for the remuneration received in respect of his management position with the Company.
Save as disclosed above, to the best knowledge and belief of the Board and having made all reasonable enquiries, Mr. Xiao (i) has not held any directorship in other public companies, the securities of which are listed on any securities market in Hong Kong or overseas in the last three years; (ii) does not hold any other positions in the Group; and (iii) does not have any relationship with any other Directors, senior management, substantial Shareholders or controlling Shareholders (as each respectively defined in the Listing Rules).
There are no other matters relating to Mr. Xiao’s re-election that need to be brought to the attention of the Shareholders and there is no other information that is required to be disclosed pursuant to Rule 13.51(2)(h) to (v) of the Listing Rules.
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APPENDIX I DETAILS OF RETIRING DIRECTORS PROPOSED TO BE RE-ELECTED AT THE ANNUAL GENERAL MEETING
(5) Dr. Xiong Yingfei – Independent Non-executive Executive Director
Dr. Xiong Yingfei (熊英飛), aged 43, was appointed as an independent non-executive Director on December 31, 2025. Dr. Xiong obtained his Ph.D. from the University of Tokyo in Japan in 2009 and worked at the University of Waterloo in Canada from 2009 to 2011. Dr. Xiong has joined Peking University since 2012 and is currently serving as a tenured associate professor under the new tenure system and a deputy director of the Institute of Software. Dr. Xiong’s research areas span programming languages and software engineering, with particular focus on areas such as program synthesis, program repair, program analysis and program verification. Dr. Xiong has served as a vice chairman of OOPSLA, an area chairman of ASE, an editor for IEEE TSE and other academic positions, while consistently holding program committee membership at international conferences such as PLDI, ICSE, FSE, OOPSLA, ASE and ISSTA. In addition, Dr. Xiong has received the Outstanding Reviewer Award at ICSE and FSE conferences on five occasions. He has led and undertaken multiple research projects, including the Excellent Young Scientist Fund, the Youth 973 Program and projects under the national key research and development program. Dr. Xiong was awarded the First Prize of the National Technological Invention Award (ranking the 6th), the First Prize of Chinese Institute of Electronics Natural Sciences Award (ranking the 1st), the CCF-IEEE CS Young Computer Scientist Award, and the Ten-Year Most Influential Paper Award from MODELS, and has received the Distinguished Paper Award from ACM SIGSOFT/IEEE TCSE on five occasions. He is currently an ACM distinguished member and the sole representative from China in IFIP WG 2.4.
Dr. Xiong has entered into a letter of appointment with the Company for an initial term of one year commencing from the date of his appointment (December 31, 2025), which is subject to the provisions of the Memorandum and Articles of Association of the Company (as amended from time to time) and the Corporate Governance Code set out in Appendix C1 to the Listing Rules. He is subject to retirement by rotation and re-election at least once every three years at the annual general meeting in accordance with the provisions of the Articles of Association. Pursuant to the letter of appointment, Dr. Xiong is entitled to receive an annual remuneration of RMB100,000, which was determined by the Board upon the recommendation of the remuneration committee of the Company after taking into consideration of the various factors, including remuneration paid by comparable companies, time commitment, duties and responsibilities of Dr. Xiong, the performance and profitability of the Company and prevailing market benchmarks. His remuneration will be reviewed from time to time by the remuneration committee of the Company under the authority delegated by the Board.
Save as disclosed above, to the best knowledge and belief of the Board and having made all reasonable enquiries, Dr. Xiong (i) has not held any directorship in other public companies, the securities of which are listed on any securities market in Hong Kong or overseas in the last three years; (ii) does not have, and is not deemed to have, any interests or short positions in the Shares, underlying Shares or debentures of the Company or any of its associated corporations which are required to be disclosed under Part XV of the SFO; (iii) does not hold any other positions in the Group; and (iv) does not have any relationship with any other Directors, senior
- I-6 -
APPENDIX I DETAILS OF RETIRING DIRECTORS PROPOSED TO BE RE-ELECTED AT THE ANNUAL GENERAL MEETING
management, substantial Shareholders or controlling Shareholders (as each respectively defined in the Listing Rules).
There are no other matters relating to Dr. Xiong’s re-election that need to be brought to the attention of the Shareholders and there is no other information that is required to be disclosed pursuant to Rule 13.51(2)(h) to (v) of the Listing Rules.
(6) Mr. Huang Xiaoling – Independent Non-executive Director
Mr. Huang Xiaoling (黄晓凌), aged 49, was appointed as an independent non-executive Director on April 3, 2025. Mr. Huang is primarily responsible for supervising and providing independent opinion and judgement to the Board.
Mr. Huang worked at Beijing Nantian Information Engineering Co., Ltd. (北京南天信息工程有限公司) from September 1998 to January 2003, responsible for the research and development of systems. From January 2004 to November 2007, Mr. Huang served as a team manager of the Shanghai Branch of Microsoft (China) Co., Ltd. (微軟中國有限公司), where he was mainly responsible for providing consulting services to the company’s clients. From November 2007 to March 2012, Mr. Huang served as the vice president of HanTing (Tianjin) Investment Consulting Co., Ltd. (漢庭(天津)投資諮詢有限公司), a wholly owned subsidiary of Huazhu Group Limited (華住集團有限公司), a company listed on the Stock Exchange (stock code: 01179.HK), where he was mainly responsible for operation and management of the hotel group. In May 2013, Mr. Huang founded and served as the chief executive officer of Shanghai BeyondHost Information Technology Co., Ltd. (上海別樣紅信息技術有限公司), where he was responsible for the company’s overall strategic planning and business development. Shanghai BeyondHost Information Technology Co., Ltd. (上海別樣紅信息技術有限公司) was subsequently acquired by and became a wholly-owned subsidiary of an affiliate of MEITUAN (美團) (a company listed on the Main Board of the Stock Exchange (stock code: 03690.HK) in 2016. After the acquisition and until January 2022, Mr. Huang worked at Hainan Liangxin Technology Co., Ltd. (海南兩心科技有限公司), an affiliate of MEITUAN (美團), with his last position as overall management, and he was mainly responsible for the overall strategic planning and business development of the BeyondHost business division. Mr. Huang currently serves as the chief executive officer and legal representative of Shanghai Jovial Information Technology Co., Ltd. (上海宙威爾信息技術有限公司), where he is responsible for the company’s overall strategic planning and business development.
Mr. Huang received a bachelor’s degree in mechanical engineering and automation from Shanghai Jiao Tong University (上海交通大學) in the PRC in July 1998.
- I-7 -
APPENDIX I DETAILS OF RETIRING DIRECTORS PROPOSED TO BE RE-ELECTED AT THE ANNUAL GENERAL MEETING
Mr. Huang has entered into a letter of appointment with the Company for an initial term of one year commencing from the Listing Date, which is subject to the provisions of the Memorandum and Articles of Association of the Company (as amended from time to time) and the Corporate Governance Code set out in Appendix C1 to the Listing Rules. He is subject to retirement by rotation and re-election at least once every three years at the annual general meeting in accordance with the provisions of the Articles of Association. Pursuant to the letter of appointment, Mr. Huang is entitled to receive an annual remuneration of RMB100,000, which was determined by the Board upon the recommendation of the remuneration committee of the Company after taking into consideration of the various factors, including remuneration paid by comparable companies, time commitment, duties and responsibilities of Mr. Huang, the performance and profitability of the Company and prevailing market benchmarks. His remuneration will be reviewed from time to time by the remuneration committee of the Company under the authority delegated by the Board.
Save as disclosed above, to the best knowledge and belief of the Board and having made all reasonable enquiries, Mr. Huang (i) has not held any directorship in other public companies, the securities of which are listed on any securities market in Hong Kong or overseas in the last three years; (ii) does not have, and is not deemed to have, any interests or short positions in the Shares, underlying Shares or debentures of the Company or any of its associated corporations which are required to be disclosed under Part XV of the SFO; (iii) does not hold any other positions in the Group; and (iv) does not have any relationship with any other Directors, senior management, substantial Shareholders or controlling Shareholders (as each respectively defined in the Listing Rules).
There are no other matters relating to Mr. Huang's re-election that need to be brought to the attention of the Shareholders and there is no other information that is required to be disclosed pursuant to Rule 13.51(2)(h) to (v) of the Listing Rules.
- I-8 -
APPENDIX II
EXPLANATORY STATEMENT ON THE SHARE REPURCHASE MANDATE
The following is an explanatory statement required by the Listing Rules to provide the Shareholders with requisite information reasonably necessary for them to make an informed decision on whether to vote for or against the ordinary resolution to be proposed at the Annual General Meeting in relation to the granting of the Share Repurchase Mandate.
1. SHARE CAPITAL
As at the Latest Practicable Date, the issued share capital of the Company comprised 154,590,662 Shares.
Subject to the passing of the ordinary resolution set out in item 5 of the notice of the Annual General Meeting in respect of the granting of the Share Repurchase Mandate and on the basis that the issued share capital of the Company remains unchanged on the date of the Annual General Meeting, i.e. being 154,590,662 Shares, the Directors would be authorised under the Share Repurchase Mandate to repurchase, during the period in which the Share Repurchase Mandate remains in force, a total of 15,459,066 Shares, representing 10% of the total number of Shares in issue (excluding any treasury Shares) as at the date of the Annual General Meeting.
If the Company purchases any Shares pursuant to the Repurchase Mandate, the Company may cancel the repurchased Shares and/or hold them as treasury Shares, subject to market conditions and the Company's capital management needs at the relevant time any repurchases of Shares are made. If the Company holds any treasury Shares, any sale or transfer of treasury Shares will be subject to the terms of the Issuance Mandate and made in accordance with the Listing Rules and applicable laws and regulations of the Cayman Islands.
To the extent that any treasury Shares are deposited with CCASS pending resale on the Stock Exchange, the Company will adopt appropriate measures to ensure that it does not exercise any Shareholders' rights or receive any entitlements which would otherwise be suspended under the applicable laws if those Shares were registered in its own name as treasury Shares. The Company (i) will not (or will procure its broker not to) give any instructions to Hong Kong Securities Clearing Company Limited to vote at general meetings for the treasury Shares deposited with CCASS and (ii) in the case of dividends or distributions, the Company will withdraw the treasury Shares from CCASS, and either re-register them in its own name as treasury Shares or cancel them, in each case before the record date for the dividends or distributions.
2. REASONS FOR SHARE REPURCHASE
The Directors believe that the granting of the Share Repurchase Mandate is in the best interests of the Company and the Shareholders.
Shares Repurchase may, depending on the market conditions and funding arrangements at the time, lead to an enhancement of the net asset value per Share and/or earnings per Share and
APPENDIX II
EXPLANATORY STATEMENT ON THE SHARE REPURCHASE MANDATE
will only be made when the Directors believe that such a repurchase will benefit the Company and the Shareholders.
3. FUNDING OF SHARE REPURCHASES
The Company may only apply funds legally available for share repurchase in accordance with its Articles of Association, the laws of Cayman Islands and/or any other applicable laws, as the case may be.
4. IMPACT OF SHARE REPURCHASE
There might not be a material adverse impact on the working capital or gearing position of the Company (as compared with the position disclosed in the audited accounts contained in the annual report of the Company for the year ended December 31, 2025) in the event that the Share Repurchase Mandate was to be carried out in full at any time during the proposed repurchase period. The Directors do not intend to exercise the Share Repurchase Mandate to such extent as would, in the circumstances, have a material adverse effect on the working capital requirements of the Company or the gearing levels which in the opinion of the Directors are from time to time appropriate for the Company.
5. MARKET PRICES OF SHARES
The highest and lowest prices per Share at which Shares have traded on the Stock Exchange during the period from the Listing Date up to and including the Latest Practicable Date were as follows:
| Month | Highest
HK$ | Lowest
HK$ |
| --- | --- | --- |
| 2025 | | |
| June (since the Listing Date) | 8.31 | 5.80 |
| July | 6.36 | 5.81 |
| August | 5.95 | 4.94 |
| September | 5.22 | 4.00 |
| October | 4.26 | 3.31 |
| November | 3.37 | 3.00 |
| December | 3.22 | 2.58 |
| 2026 | | |
| January | 2.87 | 1.95 |
| February | 2.01 | 1.66 |
| March | 2.22 | 1.30 |
| April | 2.05 | 1.36 |
| May (up to the Latest Practicable Date) | 1.48 | 1.26 |
- II-2 -
APPENDIX II
EXPLANATORY STATEMENT ON THE SHARE REPURCHASE MANDATE
6. GENERAL
To the best of their knowledge and having made all reasonable enquiries, none of the Directors nor any of their respective close associates (as defined in the Listing Rules) have any present intention to sell any Shares to the Company in the event that the granting of the Share Repurchase Mandate is approved by the Shareholders.
The Company has not been notified by any core connected persons (as defined in the Listing Rules) of the Company that they have a present intention to sell any Shares to the Company, or that they have undertaken not to sell any Shares held by them to the Company in the event that the granting of the Share Repurchase Mandate is approved by the Shareholders.
The Directors will exercise the power of the Company to repurchase Shares pursuant to the Share Repurchase Mandate in accordance with the Listing Rules and the applicable laws of the Cayman Islands.
The Company has confirmed that neither the explanatory statement nor the Share Repurchase Mandate has any unusual features.
7. TAKEOVERS CODE
If as a result of a repurchase of Shares pursuant to the Share Repurchase Mandate, a Shareholder’s proportionate interest in the voting rights of the Company increases, such increase will be treated as an acquisition of voting rights for the purposes of the Takeovers Code. Accordingly, a Shareholder or a group of Shareholders acting in concert (within the meaning under the Takeovers Code), depending on the level of increase in the Shareholder’s interest, could obtain or consolidate control of the Company and thereby become obliged to make a mandatory offer in accordance with Rule 26 of the Takeovers Code.
To the best knowledge of the Company, the Directors are not aware of any consequences which would arise under the Takeovers Code as a result of an exercise of the proposed Share Repurchase Mandate.
8. SHARE BUY-BACK MADE BY THE COMPANY
During the six months prior to the Latest Practicable Date, the Company had not repurchased any of the Shares (whether on the Stock Exchange or otherwise).
NOTICE OF ANNUAL GENERAL MEETING
元光科技
MetaLight Inc.
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 2605)
NOTICE OF ANNUAL GENERAL MEETING
NOTICE IS HEREBY GIVEN that the Annual General Meeting of MetaLight Inc. (the "Company") will be held at 1/F, Liangdian Creative Park, No. 94, Dongsishitiao Street, Dongcheng District, Beijing, PRC on Monday, June 22, 2026 at 11:00 a.m. for the following purposes:
-
To receive the audited consolidated financial statements of the Company and its subsidiaries and the reports of the directors and of the independent auditor for the year ended December 31, 2025.
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To re-elect the retiring directors:
(a) To re-elect Dr. Sun Xi as an executive director of the Company.
(b) To re-elect Ms. Qian Jinlei as an executive director of the Company.
(c) To re-elect Mr. Xu Cheng as an executive director of the Company.
(d) To re-elect Mr. Xiao Pingyuan as an executive director of the Company.
(e) To re-elect Dr. Xiong Yingfei as an independent non-executive director of the Company.
(f) To re-elect Mr. Huang Xiaoling as an independent non-executive director of the Company.
-
To authorise the board of directors to fix the remuneration of the directors.
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To re-appoint Ernst & Young as auditor and to authorise the board of directors to fix their remuneration.
-
AGM-1 -
NOTICE OF ANNUAL GENERAL MEETING
- To consider and, if thought fit, pass with or without amendments, the following resolution as an ordinary resolution:
"THAT
(a) subject to compliance with the prevailing requirements of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and paragraph (b) below, a general mandate be and is hereby generally and unconditionally given to the directors of the Company to exercise during the Relevant Period (as defined below) all the powers of the Company to repurchase its shares in accordance with all applicable laws, rules and regulations;
(b) the total number of shares of the Company to be repurchased pursuant to the mandate in paragraph (a) above shall not exceed 10% of the total number of issued shares of the Company (excluding any treasury shares of the Company and any repurchased shares of the Company which are pending cancellation) as at the date of passing of this resolution (subject to adjustment in the case of any consolidation or subdivision of shares of the Company after the date of passing of this resolution); and
(c) for the purposes of this resolution:
"Relevant Period" means the period from the passing of this resolution until whichever is the earliest of:
(i) the conclusion of the next annual general meeting of the Company;
(ii) the expiration of the period within which the next annual general meeting of the Company is required by the articles of association of the Company or any applicable laws to be held; and
(iii) the date on which the authority set out in this resolution is revoked or varied by an ordinary resolution of the shareholders in general meeting."
- AGM-2 -
NOTICE OF ANNUAL GENERAL MEETING
- To consider and, if thought fit, pass with or without amendments, the following resolution as an ordinary resolution:
"THAT
(a) subject to compliance with the prevailing requirements of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and paragraph (b) below, a general mandate be and is hereby generally and unconditionally given to the directors of the Company to allot, issue and deal with additional shares in the capital of the Company or securities convertible into shares, or options, warrants or similar rights to subscribe for shares or such convertible securities of the Company, and to make or grant offers, agreements and options which might require the exercise of such powers during or after the end of the Relevant Period (as defined below) in accordance with all applicable laws, rules and regulations;
(b) the aggregate number of shares allotted or agreed conditionally or unconditionally to be allotted by the directors pursuant to the mandate in paragraph (a) above, otherwise than pursuant to:
(i) a Rights Issue (as defined below);
(ii) the exercise of options under a share option scheme of the Company;
(iii) any scrip dividend scheme or similar arrangement providing for the allotment of shares in lieu of the whole or part of a dividend on shares of the Company in accordance with the articles of association of the Company; or
(iv) any specific authority granted or to be granted by the shareholders of the Company in general meeting,
shall not exceed 20% of the total number of issued shares of the Company (excluding any treasury shares of the Company and any repurchased shares of the Company which are pending cancellation) as at the date of passing of this resolution (subject to adjustment in the case of any consolidation or subdivision of shares of the Company after the date of passing of this resolution); and
- AGM-3 -
NOTICE OF ANNUAL GENERAL MEETING
(c) for the purposes of this resolution:
“Relevant Period” means the period from the passing of this resolution until whichever is the earliest of:
(i) the conclusion of the next annual general meeting of the Company;
(ii) the expiration of the period within which the next annual general meeting of the Company is required by the articles of association of the Company or any applicable laws to be held; and
(iii) the date on which the authority set out in this resolution is revoked or varied by an ordinary resolution of the shareholders in general meeting.
“Rights Issue” means an offer of shares open for a period fixed by the directors to holders of shares of the Company or any class thereof on the register on a fixed record date in proportion to their then holdings of such shares or class thereof (subject to such exclusions or other arrangements as the directors may deem necessary or expedient in relation to fractional entitlements or having regard to any restrictions or obligations under the laws of, or the requirements of, any jurisdiction applicable to the Company, or any recognised regulatory body or any stock exchange applicable to the Company).
Any reference to an allotment, issue, grant, offer or disposal of shares of the Company shall include the sale or transfer of treasury shares of the Company to the extent permitted by, and subject to the provisions of, the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and applicable laws and regulations.”
- To consider and, if thought fit, pass with or without amendments, the following resolution as an ordinary resolution:
“THAT conditional upon the passing of the resolutions set out in items 5 and 6 of the notice convening this meeting (the “Notice”), the general mandate referred to in the resolution set out in item 6 of the Notice be and is hereby extended by the addition to the aggregate number of shares (including any sale or transfer of treasury shares of the Company) which may be allotted and issued or agreed conditionally or unconditionally to be allotted and issued, and treasury shares that may be sold and transferred, by the directors pursuant to such general mandate of the number of shares to be repurchased by the Company pursuant to the mandate referred to in resolution set out in item 5 of the Notice, provided that such number of shares shall not exceed 10% of the total number of issued shares of the Company (excluding any treasury shares of the Company and any repurchased shares of the Company which are pending cancellation) as at the date of passing of this resolution (subject to adjustment in the
- AGM-4 -
NOTICE OF ANNUAL GENERAL MEETING
case of any consolidation or subdivision of shares of the Company after the date of passing of this resolution).”
By Order of the Board
MetaLight Inc.
Dr. Sun Xi
Chairman of the Board, Executive Director and Chief Executive Officer
Hong Kong, May 29, 2026
Notes:
-
All resolutions at the meeting will be taken by poll (except where the chairman decides to allow a resolution relating to a procedural or administrative matter to be voted on by a show of hands) pursuant to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”). The results of the poll will be published on the websites of Hong Kong Exchanges and Clearing Limited and the Company in accordance with the Listing Rules.
-
Any shareholder of the Company entitled to attend and vote at the meeting is entitled to appoint another person as his proxy to attend and vote instead of him. A proxy need not be a shareholder of the Company. If more than one proxy is appointed, the number of shares in respect of which each such proxy so appointed must be specified in the relevant form of proxy. Every shareholder present in person or by proxy shall be entitled to one vote for each share held by him.
-
In order to be valid, the form of proxy together with the power of attorney or other authority, if any, under which it is signed or a certified copy of that power of attorney or authority, must be deposited at the Company’s Hong Kong branch share registrar, Computershare Hong Kong Investor Services Limited, at 17M Floor, Hopewell Centre, 183 Queen’s Road East, Wan Chai, Hong Kong not less than 48 hours before the time appointed for the meeting (i.e. not later than 11:00 a.m. on Saturday, June 20, 2026 (Hong Kong time)) or the adjourned meeting (as the case may be). Completion and return of the form of proxy shall not preclude a shareholder of the Company from attending and voting in person at the meeting and, in such event, the instrument appointing a proxy shall be deemed to be revoked.
-
For determining the entitlement to attend and vote at the meeting, the Register of Members of the Company will be closed from Tuesday, June 16, 2026 to Monday, June 22, 2026, both dates inclusive, during which period no transfer of shares will be registered and the record date will be Monday, June 22, 2026. In order to be eligible to attend and vote at the Annual General Meeting, unregistered holders of shares of the Company shall ensure that all transfer documents accompanied by the relevant share certificates must be lodged with the Company’s Hong Kong branch share registrar, Computershare Hong Kong Investor Services Limited, at 17M Floor, Hopewell Centre, 183 Queen’s Road East, Wan Chai, Hong Kong for registration not later than 4:30 p.m. on Monday, June 15, 2026.
-
References to time and dates in this notice are to Hong Kong time and dates.
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AGM-5 -