Sealand Securities to hold EGM, appoint KPMG as new auditor

Sealand Securities will convene its second extraordinary general meeting of shareholders for 2025 on October 30, 2025. The meeting will be held physically in Nanning and via online voting, to address a crucial agenda including the appointment of KPMG Huazhen LLP as the company's financial report and internal control auditor for 2025. This change follows Deloitte Touche Tohmatsu's eight consecutive years of service, reaching the maximum engagement period stipulated by regulations. The proposed audit fee for 2025 is RMB 190 million for financial reporting and RMB 27 million for internal control.

The extraordinary general meeting will also review a 2025 interim profit distribution plan and several amendments to the company's articles of association, independent director system, director and supervisor performance appraisal, and remuneration management. Furthermore, revisions to policies on profit distribution, related party transactions, fundraising, external guarantees, financial assistance, and donation methods will be deliberated. The board of supervisors’ proposal to abolish the supervisory board will also be presented.

Shareholders can register for the meeting from October 27 to October 29, 2025. Online voting will be available through the Shenzhen Stock Exchange trading system and the internet voting system on October 30, 2025. Resolutions, including the appointment of auditors, were unanimously approved by the board of directors and its audit committee before being submitted for shareholder approval.