Sanhua Intelligent Controls to hold second extraordinary shareholder meeting

Zhejiang Sanhua Intelligent Controls Co., Ltd. (SZSE:002050) will convene its second extraordinary general meeting of shareholders in 2025 on November 27, 2025. The meeting, called by the board of directors, will feature both a physical gathering at the company's industrial park in Xinchang County, Shaoxing City, Zhejiang Province, and online voting options via the Shenzhen Stock Exchange systems. The online voting period for A-share shareholders will run from 9:15 to 15:00 on November 27, 2025.

Key proposals for shareholder deliberation include amendments to the company's articles of association, revisions to shareholder and board meeting rules, and the formulation of various corporate governance policies such as those for independent non-executive directors, connected transactions, and fundraising management. Shareholders will also vote on the company's 2025 semi-annual profit distribution plan. A-share shareholders registered by the close of business on November 20, 2025, are eligible to attend and vote. H-share shareholders should refer to the notice on the Hong Kong Stock Exchange website for relevant details.

Proposal 1, concerning amendments to the company's articles of association and its appendices, requires a special resolution, meaning approval by two-thirds or more of the voting rights held by shareholders present. Proposals affecting the interests of small and medium-sized investors will be separately tallied and disclosed. Shareholders can register for the meeting from November 21 to November 25, 2025, via in-person attendance, mail, or email.