Sunoren Solar revises governance and investment policies

Zhejiang Sunoren Solar Technology (SSE:603105) announced key governance changes following its Fifth Board of Directors Tenth Meeting and a Second Extraordinary General Meeting of Shareholders on September 11, 2025. The board approved the election of directors, adjustments to specialized committees, and revisions to several internal rules, including the audit, strategic, nomination, and compensation and assessment committee work guidelines.

Shareholders at the extraordinary meeting passed resolutions to revise the company's articles of association, modify rules for shareholder and board meetings, and update external investment, external guarantee, related-party transaction, and fundraising management policies. These amendments aim to enhance operational efficiency and regulatory compliance.

Under the updated policies, the company clarified its approach to external investments, related-party transactions, and guarantees, with specific thresholds now requiring board or shareholder approval. Any single external guarantee exceeding 10% of the latest audited net assets must receive board approval, and related-party transactions will follow revised disclosure and approval procedures to strengthen oversight and protect shareholder interests.