Yidu Tech Sets AGM to Approve Dividend, Board Mandates and Share-Issuance Authority

Yidu Tech, Inc. ( (HK:2158) ) just unveiled an announcement.

Yidu Tech Inc. has convened its annual general meeting for August 28, 2026 in Beijing, where shareholders will review and adopt the audited consolidated financial statements for the year ended March 31, 2026 and vote on a proposed final dividend. The agenda also includes re-election of two independent non-executive directors, renewal of PricewaterhouseCoopers as auditor, and broad mandates for the board to issue, allot and transfer shares within defined limits, which would give management continued flexibility in capital management and potential future fundraising.

The share-issuance mandate caps new and treasury share issuances at up to 20% of the company’s issued share capital, with an additional buffer linked to shares repurchased under a separate buyback authorization. These resolutions, if passed, will maintain Yidu Tech’s ability to adjust its capital structure in response to market conditions while formalizing board authority over director remuneration and auditor fees, matters of direct interest to shareholders and corporate governance observers.