Hoshine Silicon Industry shareholders approve governance framework changes

Hoshine Silicon Industry Co., Ltd. held its Second Extraordinary General Meeting of Shareholders for 2025 on October 28, 2025. The meeting, attended by 365 shareholders representing 697,867,680 voting shares (59.5231% of total voting shares), saw the approval of all proposed resolutions.

This included a special resolution to eliminate the Supervisory Committee and amend the Company Articles of Association, which passed with 98.9094% of votes in favor. Shareholders also approved multiple revisions to internal policies, including those governing the board of directors, external guarantees, independent director work, shareholder meetings, major investments and transactions, related-party transactions, and the management of raised funds. All these revisions passed with over 98.8% of votes in favor, demonstrating strong shareholder consensus.

The resolutions to eliminate the Supervisory Committee, revise the board of directors’ Rules of Procedure, and update the Shareholders’ Meeting Rules of Procedure were classified as special resolutions, each requiring and receiving more than two-thirds approval from attending shareholders. Shanghai Jintiancheng Law Firm confirmed that the meeting's convening, procedures, and resolutions complied with relevant laws and regulations.