Announcement • Mar 06
Madison Holdings Group Limited has filed a Follow-on Equity Offering in the amount of HKD 45.425974 million. Madison Holdings Group Limited has filed a Follow-on Equity Offering in the amount of HKD 45.425974 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 93,469,083
Price\Range: HKD 0.486
Transaction Features: Rights Offering Announcement • Jan 05
Madison Holdings Group Limited Appoints Su Lei As Executive Director, Effective January 5, 2026 Madison Holdings Group Limited announced that, with effect from January 5, 2026, Mr. Su Lei has been appointed as an executive Director. Mr. Su, aged 41, has approximately 20 years of work experience. Mr. Su currently serves as the director of Beijing Woxing Culture Development Limited, where he is responsible for implementing various private equity investment projects in the entertainment industry. Mr. Su served as a marketing director at Co-High Investment Management Limited. From February 2024 to February 2025, Mr. Su also served as the chairman, an executive director and the chairman of the nomination committee of China Bright Culture Group, the shares of which were listed on Main Board of the Stock Exchange and the listing of its shares had been cancelled with effect from February 4, 2025. From December 2013 to August 2017, Mr. Su served as a senior staff in the human resource department of Chengdu Municipal Housing and Urban-Rural Development Bureau. From July 2006 to December 2013, Mr. Su served in Unit 91024 of Chinese People’s Liberation Army. Mr. Su obtained a bachelor's degree in public health management from the Air Force Medical University in July 2006 and a master's degree in business administration from Hong Kong Metropolitan University in April 2020. Mr. Su has entered into a service agreement with the Company for an initial term of three years commencing from January 5, 2026, renewable automatically for successive one-year terms unless terminated by not less than three months’ notice in writing served by either party during the term or at any time thereafter. Mr. Su is subject to retirement and re-election at the next annual general meeting of the Company in accordance with the articles of association of the Company, and thereafter subject to retirement by rotation and re-election at an annual general meeting at least once every three years according to the provisions of the articles, the GEM Listing Rules and other applicable laws. The Board consists of executive Directors Mr. Jiang Tian, Dr. Cheung Yuk Shan Shirley, and Mr. Su Lei; non-executive Directors Mr. Ji Zuguang and Mr. Ip Cho Yin J.P.; and independent non-executive Directors Mr. Chu Kin Wang Peleus, Dr. Lau Reimer Mary Jean, and Mr. Zhou Li. The Board is responsible for ensuring the accuracy and completeness of information disclosed in compliance with the GEM Listing Rules. 
