Zhejiang Chint Electrics shareholders approve financial and governance updates

Zhejiang Chint Electrics Co., Ltd. held its Third Extraordinary General Meeting of Shareholders in 2025 on November 4, 2025, in Shanghai. Chaired by nan cunhui, the meeting saw 1,017 shareholders, representing 1,381,528,035 shares and 64.9175% of the voting capital, participate through on-site and online voting. The meeting's procedures and outcomes were legally verified by King & Wood Mallesons, Beijing.

Key resolutions passed included the approval of an agreement between the company and its subsidiaries with Chint Group Finance Co., Ltd. for financial services. This resolution passed with 74.4789% of votes in favor, despite related parties, including Chint Group Co., Ltd. and several directors, abstaining from voting due to conflicts of interest.

Additionally, shareholders approved revisions to the "Zhejiang Chint Electrics Co., Ltd. Fundraising Management System" and the "Zhejiang Chint Electrics Co., Ltd. External Guarantee Management System." These revisions received strong support, with 96.1630% and 96.1406% of votes in favor, respectively, underscoring shareholders' commitment to strengthening the company's governance and financial frameworks.