Haier Smart Home proposes cash dividend, share cancellation at EGM

Haier Smart Home Co., Ltd. has announced an Extraordinary General Meeting (EGM) and H Share Class Meeting for Thursday, October 16, 2025, to consider a 2025 half-year profit distribution plan and a resolution on the change of use and cancellation of partial repurchased shares. The company proposes a cash dividend of 2.69 yuan per 10 shares (tax inclusive) to all shareholders, totaling 2,506,684,210.62 yuan, representing 20.83% of its net profit attributable to the parent company for the interim consolidated statement of 2025.

Additionally, shareholders will vote on cancelling 1,472,684 repurchased A shares held in a designated securities account under the 2022 annual repurchase plan. These shares, originally intended for employee stock ownership or equity incentive plans, will now be cancelled to reduce registered capital. The total value of repurchased A shares under the 2022 plan was approximately 1.5 bn yuan.

The company's register of H share members will be closed from Friday, October 10, 2025, to Thursday, October 16, 2025, inclusive, to determine eligibility for attending and voting at the meetings. All transfer documents for H shares must be lodged by 4:30 p.m. on Thursday, October 9, 2025, for registration.