Robam Appliances to update governance, investment, and guarantee policies

Hangzhou Robam Appliances (SZSE:002508) held its 6th Board of Directors' 20th meeting and 6th Supervisory Board's 19th meeting on December 4, 2025, to approve several key amendments to its corporate governance and operational policies. The board unanimously approved revisions to the "Measures for the Administration of Outbound Investments," "Measures for the Administration of External Guarantees," and "Measures for the Administration of Investor Relations," among other critical documents. These changes, part of a broader update to 20 governance policies, aim to strengthen internal controls, manage risks, and enhance transparency in compliance with national and exchange regulations. The supervisory board also approved the resolution to change the registered capital and revise the articles of association.

Key policy updates include stricter approval thresholds for outbound investments, with specific limits for cumulative and single investments based on net assets, and detailed procedures for risk management in areas such as equity and real estate investments. For external guarantees, new guidelines emphasize due diligence, tiered approval processes, and enhanced disclosure, particularly for guarantees involving related parties or those exceeding 10% of net assets. The "Investor Relations Management Measures" underscore principles of compliance, equality, and transparency in communicating with investors, outlining various engagement channels and information disclosure protocols.

All approved resolutions, including the proposed changes to the articles of association and several governance documents, will be submitted for shareholder approval at the Second Interim Shareholders' Meeting on December 22, 2025. This meeting will utilize both in-person and online voting, with an equity registration date of December 15, 2025. These comprehensive revisions reflect the company's commitment to robust corporate governance and safeguarding shareholder interests.