Saimo Shareholders Unanimously Approve 2025 Financials, Dividend Plan and New Mandates at AGM

Bulletin Express06-24 22:06

Beijing Saimo Technology Co., Ltd. (Saimo) reported that all nine resolutions tabled at the Annual General Meeting (AGM) on 24 June 2026 were passed by poll with 100% of the votes cast in favour.

The AGM, held in Beijing and chaired by Chairman Hu Dalin, was attended by 11 shareholders and proxies representing 111.70 million shares, equal to 83.77% of the company’s issued share capital. Computershare Hong Kong Investor Services Limited acted as scrutineer.

Key ordinary resolutions approved: • 2025 Board of Directors’ report • 2025 Supervisory Committee report • 2025 audited financial report • 2025 profit-distribution plan • Re-appointment of PricewaterhouseCoopers as external auditor for 2026, with the Board authorised to set remuneration

Special resolutions granted: • General mandate to issue shares • General mandate to repurchase H shares • Amendments to the Articles of Association • Amendments to the Rules of Procedure for General Meetings

Following shareholder approval, the revised Articles of Association became effective at the close of the AGM.

Capital structure at the record date comprised 133.33 million issued shares, including 100.00 million unlisted shares and 33.33 million H shares. A block of 3.23 million shares held under the 2025 H Share Award Trust Scheme was excluded from voting, resulting in 130.11 million shares eligible to vote.

With full shareholder endorsement across all agenda items, Saimo retains flexibility for future equity issuance and share buybacks while maintaining continuity with its external auditor and updated governance framework.

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