H&T Intelligent Control announces capital reduction, board leadership changes

Shenzhen H&T Intelligent Control Co., Ltd. will reduce its registered capital from yuan 924,694,285 to yuan 924,638,285. This follows the repurchase and cancellation of 56,000 restricted shares from four former incentive objects. Creditors have 45 days from November 13, 2025, to declare their claims.

Additionally, the company held its Seventh Board of Directors' First Meeting on November 12, 2025. It elected Liu Jianwei as chairman and appointed him as chief executive, Qin Hongwu as executive chief executive, and Luo Shanhan as senior vice president, chief financial officer, and board secretary. The board also approved initiating a bill pool business with a maximum immediate balance of yuan 1bn.

The changes follow the Third Interim Shareholders' Meeting on November 12, 2025, which elected a new board of directors. Sun Jinshan, Li Jun and Lu Xiaoming were elected as independent directors. The company also adopted and revised several internal governance policies, including its Articles of Association, Shareholder Meeting Rules, and Information Disclosure Management System.