Gala Technology Moves to Update Articles of Association for HKEX’s Paperless and Treasury Share Reforms

Bulletin Express
May 29

Gala Technology Holding Limited announced on 29 May 2026 that its board intends to overhaul the company’s existing Articles of Association to keep pace with the Hong Kong Stock Exchange’s latest regulatory changes.

The proposed amendments target four key areas: 1. Alignment with the expanded paperless listing regime. 2. Facilitation of electronic dissemination of corporate communications. 3. Incorporation of HKEX’s newly introduced treasury share framework. 4. Preparation for the implementation of an uncertificated securities market.

To implement these changes, the board will seek shareholder approval for a new set of amended and restated Articles of Association, which will fully replace the current version. The proposal will be tabled as a special resolution at the company’s forthcoming annual general meeting.

Gala Technology will distribute a circular detailing the amendments and the AGM notice in line with HKEX Listing Rules. The board currently comprises three executive directors—Chairman and CEO Jia Xiaodong, Huang Xiang and Li Xin—alongside three independent non-executive directors: Zhan Peixun, Jiang Xueying and Chak Hoi Kee Clara.

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