Beijing Enterprises Water Group Limited (BJ ENT WATER, 00371.HK) announced on 11 March 2026 that the despatch of its shareholder circular relating to the 2026 Deposit Services Master Agreement will be postponed.

The circular, originally scheduled for release on or before 11 March 2026, is now expected to be sent on or before 31 March 2026. The company cited the need for additional time to prepare and finalise information required for inclusion.

According to the announcement, the forthcoming circular will contain: 1. A board letter outlining details of the 2026 Deposit Services Master Agreement, including the proposed annual caps for the continuing connected transactions. 2. Recommendations from the Independent Board Committee to independent shareholders. 3. Advice from the Independent Financial Adviser to both the Independent Board Committee and independent shareholders. 4. Other disclosures mandated by the Hong Kong Listing Rules. 5. A notice convening the special general meeting.

Board composition as at the announcement date comprises seven executive directors (Chairman Xiong Bin, CEO Zhou Min, Li Haifeng, Li Yining, Zhang Wenjiang, Zhou Xueyan and Tung Woon Cheung Eric), one non-executive director (Yuan Jianwei) and five independent non-executive directors (Shea Chun Lok Quadrant, Guo Rui, Chau On Ta Yuen, Dai Xiaohu and Chan Siu Chee Sophia).

The company has not provided further changes to the terms of the 2026 Deposit Services Master Agreement; only the timetable for the circular’s release has been adjusted.