MINIEYE Releases 2025 Results Circular: Eyes Policy Overhaul, No Final Dividend, RMB 1.5 Billion WM Quota

MINIEYE Technology Co., Ltd. (MINIEYE, 02431) has issued its 2025 annual general-meeting (AGM) circular, detailing 20 resolutions to be tabled on 12 June 2026 in Shenzhen. Core items are as follows:

Key Financials & Dividend • 2025 audited results, directors’ report and accounts settlement will be presented for approval. • The board proposes no final dividend for FY 2025.

Board Composition & Remuneration • Re-election of co-founders Dr. Liu Guoqing, Zhou Xiang and Wang Qicheng as executive directors and Liu Yiran as non-executive director; nomination of Zhang Jianping as new non-executive director. • Independent directors Tan Kaiguo and Dr. Tan Mingkui stand for re-election; Su Jia Alice is proposed as a new independent director. • Total director fees for independent directors set at RMB 120,000 each for 2026; executive and non-executive directors will not receive board fees. • Rongcheng (Hong Kong) CPA is proposed for re-appointment as external auditor with an indicative FY 2026 audit fee of approximately RMB 2.20 million.

Governance Restructuring • Abolition of the Supervisory Committee; its functions will transfer to the Audit Committee, prompting multiple amendments to the Articles of Association, board and general-meeting rules. • Updates to connected-transaction, external-guarantee and independent-director working systems.

Capital Management • General mandate to issue up to 20% of issued share capital (maximum 82.48 million shares) and to repurchase up to 10% of H-shares (32.28 million shares, excluding 8.35 million treasury shares). • Company share capital stands at 420.76 million shares following the December 2025 placing.

Treasury & Risk Tools • Wealth-management quota: up to RMB 1.50 billion in low-risk bank products, not funded by previous H-share proceeds. • Foreign-exchange derivatives limit: up to RMB 1.00 billion (or foreign-currency equivalent) for hedging purposes until the 2027 AGM. • Integrated bank credit facilities: up to RMB 1.50 billion for the Company and consolidated subsidiaries; board proposes corresponding guarantees. • Additional guarantee ceiling of RMB 100 million for downstream driverless-vehicle customers.

Meeting Details The AGM will be held at 10:00 a.m. on 12 June 2026 at MINIEYE’s Shenzhen headquarters. H-share register closes 9-12 June 2026; shareholders must lodge transfers by 4:30 p.m. on 8 June 2026 to qualify for attendance and voting.