Core Viewpoint - Yicheng Group (08365.HK) announced a proposal to update the existing general mandate for the board to issue and deal with new shares equivalent to 20% of the company's issued share capital as of the date of the special general meeting [1] Group 1 - The board's proposal requires approval from independent shareholders at a special general meeting through an ordinary resolution [1] - The new general mandate is in compliance with the revised GEM Listing Rules effective from January 1, 2023, specifically Chapter 23 [1] - The share scheme proposed by the board also requires shareholder approval at the special general meeting to take effect [1]