Nine Dragons Paper (2689) has issued a circular detailing its upcoming Annual General Meeting (AGM), scheduled for 11 December 2025 at 11:00 a.m. in Hong Kong. The primary items on the agenda include granting general mandates to issue and repurchase shares and the re-election of certain retiring directors.

The proposed general mandate would authorize the board to allot and issue additional shares representing up to 20% of the company’s issued share capital as of the date of approval. Additionally, the company seeks authorization for the repurchase of up to 10% of its issued share capital. The circular also contains an explanatory statement outlining details such as the funding, pricing, and impact of potential share repurchases.

Four directors are retiring by rotation and offering themselves for re-election. The company has highlighted the professional experience and roles of each director, including two independent non-executive directors. These individuals have been assessed on their professional qualifications, industry experience, and independence in accordance with applicable regulations.

Shareholders intending to vote in person or by proxy are advised to submit necessary documentation to the company’s Hong Kong branch share registrar and transfer office in accordance with the deadlines specified in the notice. The voting on all ordinary resolutions at the AGM will be conducted by poll, with results to be published afterwards on the websites of the company and the Stock Exchange.