Sigenergy Technology Co., Ltd. (Sigenergy) has released a multi-faceted corporate governance and capital return plan to be voted on at the Annual General Meeting scheduled for 29 June 2026. Key points are as follows:
Corporate Governance Restructuring • Supervisory Committee: Proposed complete abolishment; its oversight duties will be transferred to the Board’s Audit Committee, in line with the revised PRC Company Law (effective 1 July 2024) and the CSRC’s 2025 Guidelines for Articles of Association. • Board Structure: An additional vice-chairman position is proposed to improve decision-making efficiency. • Articles of Association: Powers of the Shareholders’ meeting, the Board, and the general manager will be clarified, and provisions relating to the Supervisory Committee will be deleted.
Company Name Adjustment • Chinese name to change from “思格新能源(上海)股份有限公司” to “思格新能源股份有限公司”; English name “Sigenergy Technology Co., Ltd.” remains unchanged. • The change requires shareholder approval and registration with the PRC Market Supervision authority. Stock short name and share certificates remain unaffected.
Final Dividend for FY2025 • Audited net profit attributable to shareholders for the year ended 31 December 2025: RMB2.92 billion. • Proposed cash dividend: RMB23.46 (inclusive of tax) per 10 shares, totaling RMB583.76 million, based on 248,832,930 shares outstanding. • Subject to AGM approval, payment is targeted for 24 July 2026. Share transfer books will close 8–9 July 2026, with a record date of 9 July 2026.
Next Steps A detailed circular containing the above resolutions and AGM notice will be dispatched in accordance with HKEX requirements. Further announcements will follow upon regulatory approvals and implementation of the name change, Supervisory Committee abolition, and Articles amendments.
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