Sieyuan Electric Co., Ltd. Announcement No.: 2025-054
Resolution Announcement of the First Extraordinary General Meeting of Sieyuan Electric Co., Ltd. in 2025
The company and all members of the board of directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or major omissions. No director can guarantee the truthfulness, accuracy, and completeness of the announcement.
Special Note:
- There were no proposals rejected at this shareholder meeting.
- This shareholder meeting did not involve any changes to the resolutions of the previous shareholder meeting.
I. Meeting Convening and Attendance
(I) Meeting Convening
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Convening Time: (1) On-site Meeting Convening Time: December 31, 2025 (Wednesday) 15:30 (2) Online Voting Time: The time for online voting through the Shenzhen Stock Exchange trading system was from 9:15-9:25, 9:30–11:30, and 13:00-15:00 on December 31, 2025; the time for online voting through the Shenzhen Stock Exchange internet voting system was any time from 9:15 AM to 15:00 PM on December 31, 2025.
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Meeting Location: On-site meeting location: Company Conference Room 107, No. 3399 Huaining Road, Minhang District, Shanghai.
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Meeting Method: A combination of on-site voting and online voting.
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Meeting Convener and Presider: This meeting was convened by the company's board of directors and presided over by Chairman Mr. Dong Zengping. The convening, holding procedures, and voting methods of this meeting comply with relevant laws, administrative regulations, departmental rules, normative documents, and the company's articles of association.
(II) Meeting Attendance
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Overall Attendance: A total of 289 shareholders attended the meeting through on-site and online voting, representing 429,838,357 shares, or 54.9642% of the total voting shares of the company. Company directors and senior management attended the on-site meeting. The company's appointed supervising lawyer attended the meeting.
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On-site Meeting Attendance: 13 shareholders voted on-site, representing 236,851,919 shares, or 30.2867% of the total voting shares of the company.
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Online Voting Shareholder Participation: 276 shareholders voted online, representing 192,986,438 shares, or 24.6775% of the total voting shares of the company.
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Overall Attendance of Small and Medium Shareholders (defined as shareholders other than the company's directors, supervisors, senior management, or shareholders who individually or collectively hold more than 5% of the company's shares): A total of 285 small and medium shareholders attended the meeting through on-site and online voting, representing 201,317,095 shares, or 25.7428% of the total voting shares of the company. Among them, 9 small and medium shareholders voted on-site, representing 8,330,657 shares, or 1.0653% of the company's total voting shares. 276 small and medium shareholders voted online, representing 192,986,438 shares, or 24.6775% of the company's total voting shares.
II. Proposal Review and Voting
Shareholders attending the meeting voted on the following proposals using a combination of on-site registered voting and online voting:
- Approval of the "Proposal to Cancel the Supervisory Board and Amend the Articles of Association" Total Voting Results: For: 429,674,728 shares, accounting for 99.9619% of the total valid voting shares of shareholders attending the meeting; Against: 6,000 shares, accounting for 0.0014% of the total valid voting shares of shareholders attending the meeting; Abstain: 157,729 shares (of which, 0 shares were abstained due to not voting), accounting for 0.0367% of the total valid voting shares of shareholders attending the meeting. Small and Medium Shareholder Voting Results: For: 201,153,366 shares, accounting for 99.9187% of the total valid voting shares of small and medium shareholders attending the meeting; Against: 6,000 shares, accounting for 0.0030% of the total valid voting shares of small and medium shareholders attending the meeting; Abstain: 157,729 shares (of which, 0 shares were abstained due to not voting), accounting for 0.0783% of the total valid voting shares of small and medium shareholders attending the meeting. This proposal was approved by more than 2/3 of the total voting shares held by shareholders and shareholder representatives attending the meeting.