Sungrow Power board approves H-share listing, new independent director

Sungrow Power Supply's board of directors, at its meeting on September 12, 2025, approved key resolutions to advance an H-share listing on the Hong Kong Stock Exchange. The board also approved the proposal to add Ms. Wei Lei as an independent director, effective from the H-share listing until the end of the fifth board session. This appointment, subject to shareholder approval, aims to enhance corporate governance ahead of the planned H-share issuance.

In preparation for the H-share listing, the board determined director roles, appointing Mr. Cao Renxian, Mr. Gu Yilei, Mr. Zhang Xucheng, Mr. Zhao Wei, and Mr. Wu Jiamao as executive directors. Ms. Gu Guang, Mr. Li Mingfa, Mr. Zhang Lei, and Ms. Wei Lei will serve as independent non-executive directors. These roles will take effect upon the H-share listing.

Shareholders will convene for an extraordinary general meeting on September 30, 2025, to vote on these and other resolutions, including the H-share issuance and listing proposal and related governance amendments. Shareholders can participate via both on-site and online voting.