--- title: "JX Energy Seeks Shareholder Approval to Capitalize Debt via New Share Issue" type: "News" locale: "en" url: "https://longbridge.com/en/news/274059193.md" description: "JX Energy Ltd. has announced a special shareholders’ meeting on 12 February 2026 to seek approval for a loan capitalization arrangement with controlling shareholder Mr. Yongtan Liu. The proposal involves issuing 210 million new common shares at HK$0.30 each to settle a C$3.84 million loan and partially settle C$7.49 million debt to Jixing Energy. This transaction aims to reduce JX Energy’s debt but will dilute existing shareholders. The company is providing a management information circular for informed voting. The current analyst rating for JX Energy stock is Hold with a price target of HK$0.34." datetime: "2026-01-28T22:39:26.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/274059193.md) - [en](https://longbridge.com/en/news/274059193.md) - [zh-HK](https://longbridge.com/zh-HK/news/274059193.md) --- # JX Energy Seeks Shareholder Approval to Capitalize Debt via New Share Issue ### Claim 50% Off TipRanks Premium - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential JX Energy Ltd. ( (HK:3395) ) has provided an announcement. JX Energy Ltd. has called a special shareholders’ meeting for 12 February 2026 in Calgary (13 February 2026 in Hong Kong) to seek approval of a loan capitalization arrangement with controlling shareholder Mr. Yongtan Liu and Jixing Energy (Canada) Ltd. Under the proposal, the company will fully settle a C$3.84 million shareholder loan owed to Mr. Liu and partially settle C$7.49 million of a larger debt to Jixing Energy by issuing 210 million new common shares at HK$0.30 each to Mr. Liu, subject to Hong Kong Stock Exchange approval of the listing of these shares and the grant of a specific issuance mandate. The transaction would reduce JX Energy’s debt burden while diluting existing shareholders, and the company is circulating a management information circular to enable investors of record as of 9 February 2026 to make an informed voting decision at the meeting. The most recent analyst rating on (HK:3395) stock is a Hold with a HK$0.34 price target. To see the full list of analyst forecasts on JX Energy Ltd. stock, see the HK:3395 Stock Forecast page. **More about JX Energy Ltd.** JX Energy Ltd. is an Alberta-incorporated company listed on the Hong Kong Stock Exchange (stock code: 3395). It has a shareholder base spanning Canada and Hong Kong and operates within the energy sector, with its common shares traded publicly in Hong Kong, reflecting a cross-border capital markets focus. **Average Trading Volume:** 348,500 **Technical Sentiment Signal:** Buy **Current Market Cap:** HK$203.7M ### Related Stocks - [03395.HK](https://longbridge.com/en/quote/03395.HK.md) ## Related News & Research - [JX Energy posts unaudited first-quarter 2026 results without auditor review](https://longbridge.com/en/news/286541038.md) - [Pizza Pizza Royalty slashes monthly dividend by 12.9% to CAD 0.0675 a share](https://longbridge.com/en/news/286714154.md) - [3 energy stocks that are quietly becoming the trades of the year](https://longbridge.com/en/news/286790976.md) - [TSX Penny Stock Picks Featuring Canuc Resources And Two More Hidden Gems](https://longbridge.com/en/news/286911319.md) - [ZAWYA: Energy Development Oman raises additional funding in the international capital markets](https://longbridge.com/en/news/286757157.md)