Sunwoda shareholders approve profit distribution, subsidiary guarantees

Sunwoda Electronic held its fourth extraordinary general meeting of shareholders for 2025 on September 18, 2025. A total of 680,041,115 shares, representing 36.8425% of the company's total shares with voting rights, were present or represented. Key resolutions included the approval of the 2025 semi-annual profit distribution plan and a proposal to provide guarantees for subsidiaries.

The profit distribution plan received 99.7649% of votes in favor, with 678,442,345 shares supporting the proposal. The resolution concerning guarantees for subsidiaries was also approved, with 658,197,848 shares (96.7879%) voting in favor. These approvals indicate strong shareholder confidence in the company's financial strategies and support for its operational entities.

Small and medium-sized investors showed similar support, with 99.1257% approving the profit distribution plan and 88.0545% approving the subsidiary guarantees. Guangdong Cinda Law Firm attended the meeting and confirmed that the convening, opening, and voting procedures complied with relevant laws and regulations.