Dahua Technology shareholders approve spin-off, elect new director

Zhejiang Dahua Technology's first extraordinary general meeting of shareholders in 2025, held on November 28, approved all 16 proposals. Key approvals included the 2025 Q3 profit distribution plan, changes to the registered capital and articles of association, and revisions to several governance documents. Additionally, shareholders sanctioned the spin-off of Zhejiang Huirui Technology Co., Ltd. for a listing on the Hong Kong Stock Exchange Main Board.

The meeting also addressed the election of an employee representative director. On November 28, the company's first employee representative congress in 2025 elected Zhao Yuning as the employee representative director for the eighth board of directors, effective until the end of its term. Following this election, Zhao Yuning, previously a non-employee director, transitioned to an employee representative director, maintaining the overall board size and compliance with regulatory requirements.

The board of directors further confirmed the members and convenor of the audit committee, with Liu Hanlin serving as convenor. The company also confirmed Fu Liquan as the legal representative and director responsible for company operations, with no changes to the legal representative position.