---
title: "Shanghai Longcheer Calls 2025 AGM, Seeks Fresh Issuance and Buyback Mandates"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283038556.md"
description: "Shanghai Longcheer Technology Co., Ltd. has scheduled its 2025 AGM for May 8, 2026, in Shanghai. The meeting will address key governance issues, including the board report, profit distribution, and director remuneration. Shareholders will vote on appointing auditors, using idle funds for wealth management, and approving mandates for issuing up to 20% of existing shares and repurchasing up to 10% of issued shares. These resolutions aim to enhance capital management and shareholder value."
datetime: "2026-04-16T15:19:53.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283038556.md)
  - [en](https://longbridge.com/en/news/283038556.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283038556.md)
---

# Shanghai Longcheer Calls 2025 AGM, Seeks Fresh Issuance and Buyback Mandates

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An update from Shanghai Longcheer Technology Co., Ltd. Class H ( (HK:9611) ) is now available.

Shanghai Longcheer Technology Co., Ltd. has convened its 2025 annual general meeting for May 8, 2026, in Shanghai to review core governance items, including the 2025 board work report, annual report, profit distribution plan, and remuneration for directors and senior management. Shareholders will also vote on the appointment of auditors for 2026, the use of idle funds for wealth management, higher caps on recurring related-party transactions, and an updated remuneration policy.

The company is seeking shareholder approval for a general mandate to issue up to 20% of its existing share capital and a separate mandate to repurchase up to 10% of its issued A shares and H shares, excluding treasury stock, over defined periods. These resolutions, if passed, will give the board broad flexibility to raise capital, manage its balance sheet, and execute share buybacks, which could influence capital structure, liquidity, and value for both A-share and H-share investors.

**More about Shanghai Longcheer Technology Co., Ltd. Class H**

Shanghai Longcheer Technology Co., Ltd. is a Chinese joint stock company listed in Hong Kong as an H-share issuer. While the notice does not specify its product lines, the company operates in the broader technology sector and is subject to PRC and Hong Kong capital markets regulation, reflecting a focus on both domestic A-share and international H-share investors.

**Average Trading Volume:** 1,495,503

**Current Market Cap:** HK$17.81B

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