Raycus Laser shareholders approve chairman assessment, auditor re-appointment

Wuhan Raycus Fiber Laser Technologies held its fourth extraordinary general meeting of shareholders for 2025 on December 22, with 298 shareholders representing 43.8280% of total voting shares in attendance. Shareholders approved the "Proposal on Formulating the Annual and Term Assessment Table for the Chairman of Raycus Laser" with 99.1684% of votes in favor. The "Proposal on Re-appointing the Company's Audit Institution for 2025" also passed with 99.9112% approval.

Additionally, shareholders approved the "Proposal on the Company's 2026 Financial Cooperation and Related Transactions with CASIC Financial Co., Ltd." with 99.0797% of votes in favor. This resolution involved transactions with a related party, resulting in the controlling shareholder, China Aerospace Sanjiang Group Co., Ltd., abstaining from voting on its 190,935,612 shares.

Finally, the "Proposal on Repealing the <Rules of Procedure for the Supervisory Board of Wuhan Raycus Fiber Laser Technologies Co., Ltd.>" was passed with 99.9059% of votes. A total of 296 small and medium shareholders participated, representing 0.9944% of total voting shares. All procedures and outcomes were verified by Guangdong Cinda Law Firm.