Sunlord Electronics subsidiary finalizes employee stock plan, boosts capital

Shenzhen Sunlord Electronics Co., Ltd. (Sunlord Electronics) has announced the completion of its second phase core employee stock ownership plan for its controlling subsidiary, Dongguan Sunlord Power Devices Co., Ltd. The plan aims to enhance employee motivation and the subsidiary's profitability, ensuring sustainable development. The total registered capital of Dongguan Sunlord Power Devices has increased from 9,430.00 yuan to 10,430.00 yuan.

The new shareholding structure shows Dongguan Sunlord Electronics Co., Ltd.'s stake decreasing from 84.836% to 76.702%. Two new limited partnerships, Xinyu Sunyu Technology Partnership and Xinyu Nanzhao Technology Partnership, have acquired stakes of 3.835% and 5.753% respectively. These partnerships collectively invested 1,270.00 yuan, subscribing to 1,000.00 yuan of new registered capital, representing a 9.588% ownership post-investment.

The relevant agreements were signed and the industrial and commercial change registration was completed recently, following approvals from the board of directors and independent directors on July 29 and July 30, 2025. This marks a significant step in strengthening the incentive and retention mechanisms for core employees.