002959SZSE

2025 Annual General Meeting Resolution Announcement

Bear Electric Appliance Co., Ltd.··6 pages

✨ AI Summary

This announcement details the resolutions passed at the 2025 Annual General Meeting of Xiaoxiong Electric Appliances Co., Ltd. Key decisions included approving the 2025 annual report, the 2025 profit distribution plan, and the appointment of the 2026 auditor. All proposals were passed with overwhelming support from shareholders.

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Securities Code: 002959 Securities Abbreviation: Xiaoxiong Electric Appliances Announcement No.: 2026-042

Xiaoxiong Electric Appliances Co., Ltd. 2025 Annual General Meeting Resolution Announcement

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.

Special Notes:

  1. No proposals were rejected during the period of this shareholder meeting.
  2. This shareholder meeting did not involve any changes to resolutions previously passed by shareholders.

I. Meeting Convening and Attendance

  1. Meeting Time (1) On-site meeting time: April 29, 2026, 14:30 (2) Online voting time: Voting via Shenzhen Stock Exchange trading system: April 29, 2026, 9:15-9:25, 9:30-11:30, and 13:00-15:00; Voting via Shenzhen Stock Exchange internet voting system: April 29, 2026, 9:15-15:00.

  2. Meeting Location: Xiaoxiong Dream Garden Meeting Room, No. 22 Yanjiang North Road, Shunde District, Foshan City, Guangdong Province.

  3. Meeting Method: Combination of on-site voting and online voting.

  4. Meeting Convener: The Company's Board of Directors.

  5. Meeting Chairman: Chairman Mr. Li Yifeng.

  6. The convening and holding of this shareholder meeting comply with the provisions of the "Company Law," "Rules for Shareholders' Meetings of Listed Companies," and the "Articles of Association," and other relevant laws, regulations, and normative documents. The voting procedures and results of the meeting are legal and valid.

  7. Shareholder Attendance at this Meeting:

(1) Overall Shareholder Attendance: A total of 152 shareholders attended the meeting through on-site and online voting, representing 104,992,057 shares, or 67.6713% of the total voting shares. (As of the equity registration date, the company's total share capital was 155,833,522 shares. Of these, 683,400 shares held in the company's treasury stock account do not carry voting rights. Therefore, the total share capital with voting rights for this shareholder meeting was 155,150,122 shares.) Of these: 6 shareholders attended via on-site voting, representing 76,107,000 shares, or 49.0538% of the total voting shares. 146 shareholders attended via online voting, representing 28,885,057 shares, or 18.6175% of the total voting shares.

(2) Overall Attendance of Small and Medium Shareholders: A total of 145 small and medium shareholders attended the meeting through on-site and online voting, representing 6,342,177 shares, or 4.0878% of the total voting shares. Of these: 2 small and medium shareholders attended via on-site voting, representing 7,300 shares, or 0.0047% of the total voting shares. 143 small and medium shareholders attended via online voting, representing 6,334,877 shares, or 4.0831% of the total voting shares.

  1. All directors and senior management personnel of the Company attended or were present at the meeting. Lawyers from Beijing Guofeng Law Firm attended the meeting and issued a legal opinion.

II. Deliberation and Voting on Proposals

The shareholder meeting adopted a combination of on-site and online voting. The details are as follows:

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