Weibo to Hold AGM on May 27, Shareholders Eligible from April 27

Weibo Corporation has scheduled its Annual General Meeting (AGM) for May 27, 2026, in Hong Kong, with shareholders recorded as of April 27 eligible to vote on the proposed resolutions, the company said in an official announcement on April 13.

The meeting will take place at 2:30 p.m. Hong Kong time at Two International Finance Centre, a key financial hub in the city. The announcement outlines the company’s governance agenda and provides shareholders with access to voting materials and financial disclosures ahead of the event.

According to the notice, shareholders holding Class A and Class B ordinary shares at the close of business on April 27, 2026 (Hong Kong time), will be entitled to attend and vote at the meeting. The same record date applies to any adjourned sessions of the AGM.

Holders of American Depositary Shares (ADSs), listed on Nasdaq, must submit their voting instructions through JPMorgan Chase Bank, N.A., which acts as the depositary. The deadline for submitting these instructions aligns with the record date in New York time.

The company has made available the Notice of AGM, proxy materials, and its latest Form 20-F filing through its investor relations website, enabling shareholders to review key financial and operational disclosures before casting their votes.

Board Recommends Approval of Resolutions

Weibo’s board of directors has expressed full support for all resolutions outlined in the AGM notice and is recommending that shareholders vote in favour. While the announcement summary did not detail the specific resolutions, such meetings typically address corporate governance matters, board appointments, and financial approvals.

The AGM serves as a key platform for shareholder engagement, allowing investors to participate in decision-making and assess the company’s strategic direction.

Weibo operates as a major social media platform in China, offering users the ability to create, share, and discover content in real time. Its platform integrates social interaction with content distribution, enabling viral dissemination through reposting and commenting features.

The company generates the majority of its revenue from advertising and marketing services. These include social display advertisements and promoted content integrated into users’ information feeds. Weibo also leverages data-driven targeting through its recommendation engine, helping advertisers reach audiences based on demographics, interests, and online behaviour.

Its business model relies heavily on sustained user engagement and the ability to attract advertising spend in a competitive digital ecosystem.

Regulatory Filings and Investor Access

Weibo confirmed that its annual report on Form 20-F has been filed and is accessible via both its corporate website and the U.S. Securities and Exchange Commission (SEC) platform. This document offers in-depth insights into the company’s financial performance, risks, and operational strategies.

The company emphasised that shareholders can obtain all relevant documentation online, ensuring transparency and compliance with regulatory requirements in both the United States and Hong Kong markets.

In its forward-looking statements, Weibo highlighted several risks that could impact its performance. These include fluctuations in quarterly results, dependence on advertising revenue, evolving regulatory conditions in China, and competition from both established players and new entrants in the digital space.

Macroeconomic factors, such as currency movements and changes in government policies, were also identified as potential influences on the company’s operations. Additionally, the firm noted uncertainties related to its ability to expand its user base and successfully monetise new features.

The company stated that forward-looking statements are subject to inherent risks and uncertainties, and actual outcomes may differ materially from expectations.

The upcoming AGM will provide shareholders with an opportunity to evaluate these factors while participating in key governance decisions that shape the company’s future direction.