All Winner Technology revises governance, guarantees subsidiary for TSMC dealings

Zhuhai All Winner Technology Co., Ltd. (SZSE:300458) held its Fifth Board of Directors' Twentieth Meeting on November 21, 2025, approving key revisions to its Articles of Association and various governance policies. The company will abolish the Supervisory Board, with its functions transferred to the Board's Audit Committee. The Board's composition will also change to include one employee-representative director. These amendments, along with revisions to 14 internal governance policies, require shareholder approval.

Additionally, All Winner Technology approved a significant guarantee for its wholly-owned subsidiary, All Winner (Hong Kong) Limited. The guarantee covers up to $20,000,000 for business dealings with Taiwan Semiconductor Manufacturing Company Limited (TSMC), valid for three years. This brings All Winner Technology's total external guarantees to 825,365,000 yuan, representing 27.58% of its latest audited net assets.

The board also approved an "Incentive Fund Management Measures" and decided to convene the first extraordinary general meeting of 2025 on December 11, 2025, to seek shareholder approval for these matters.