---
title: "Red Star Macalline Shareholders Approve All Resolutions at 2025 AGM"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290458333.md"
description: "Red Star Macalline Group Corporation Ltd (HK:1528) announced that all resolutions proposed at its 2025 Annual General Meeting held on June 22, 2026, were approved by shareholders. Key approvals included directors' remuneration for 2025 and the plan for 2026, as well as applications for borrowings and continuing connected transactions. Shareholder participation was approximately 43.78% of issued shares."
datetime: "2026-06-22T15:24:10.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290458333.md)
  - [en](https://longbridge.com/en/news/290458333.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290458333.md)
generator: "portal-rs"
---

# Red Star Macalline Shareholders Approve All Resolutions at 2025 AGM

Red Star Macalline Group Corporation Ltd Class H ( (HK:1528) ) just unveiled an update.

Red Star Macalline Group Corporation Ltd. reported that all resolutions proposed at its 2025 annual general meeting, held in Shanghai on 22 June 2026, were approved by shareholders via poll. The meeting, which complied with PRC company law and the firm’s articles of association, saw directors and senior management in full attendance and was overseen by Computershare Hong Kong Investor Services as scrutineer.

Key resolutions included confirmation of directors’ remuneration for 2025 and the remuneration plan for 2026, as well as the company’s applications for borrowings and continuing connected transactions with substantial shareholders. Certain related and substantial shareholders abstained from voting on these specific resolutions in line with regulatory requirements, while overall shareholder participation represented about 43.78% of issued shares, underscoring formal shareholder backing for the company’s governance and financing arrangements.

**More about Red Star Macalline Group Corporation Ltd Class H**

Red Star Macalline Group Corporation Ltd. is a sino-foreign joint stock company incorporated in the People’s Republic of China and listed in Hong Kong. The group operates in the home improvement and furniture retail sector, running large-scale shopping malls and related platforms that target Chinese consumers and household furnishing suppliers across both A-share and H-share markets.

**YTD Price Performance:** -4.10%

**Average Trading Volume:** 5,974,954

**Technical Sentiment Signal:** Sell

**Current Market Cap:** HK$10.08B

### Related Stocks

- [01528.HK](https://longbridge.com/en/quote/01528.HK.md)
- [601828.CN](https://longbridge.com/en/quote/601828.CN.md)
- [CPU.AU](https://longbridge.com/en/quote/CPU.AU.md)

## Related News & Research

- [Seven Elements clarifies AGM poll results, corrects vote percentages to 100% from 0%](https://longbridge.com/en/news/296772363.md)
- [Beijing Sports and Entertainment Industry Group held shareholder vote on share consolidation](https://longbridge.com/en/news/296481856.md)
- [Predictive Discovery Limited: Results of General Meeting](https://longbridge.com/en/news/296600363.md)
- [DF Deutsche Forfait posts presentation for Aug. 20, 2026 annual general meeting](https://longbridge.com/en/news/296539172.md)
- [Reliance Industries shareholders vote on postal ballot proposals](https://longbridge.com/en/news/296610758.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**