Zoomlion announces 2025 EGM and class meetings for key proposals

Zoomlion Heavy Industry Science And Technology Co., Ltd. will hold its first Extraordinary General Meeting (EGM) for 2025, along with separate A-share and H-share class meetings, on December 11, 2025. Convened by the company's board of directors, the meetings will be held both in person at the company's offices in Changsha and via online voting platforms. The equity registration date for A-share holders entitled to attend is December 3, 2025.

Key proposals for shareholder consideration include the "2025 Mid-term Profit Distribution Plan," amendments to the "Connected Transactions Decision-making System," "Articles of Association," "Shareholders Meeting Rules," and "Board of Directors Meeting Rules." Shareholders will also vote on a proposal to issue H-share convertible bonds under special mandate and to authorize the board to handle related matters.

The mid-term profit distribution and connected transactions proposals require a simple majority vote. However, the amendments to the Articles of Association and meeting rules, along with the H-share convertible bond issuance proposals, are special resolutions requiring approval by two-thirds of the votes cast by attending shareholders. The H-share convertible bond proposals further require a two-thirds majority from both A-share and H-share class meetings. The company will conduct separate vote counting for small and medium investors.