Shenzhen Zhaowei Machinery & Electronics Co., Ltd. (ZHAOWEI) has issued a circular convening its 2025 annual general meeting (AGM) for 22 May 2026 in Shenzhen. The register of H-shareholders will be closed from 19–22 May 2026, with 18 May as the last day for share transfers.

Key resolutions to be tabled include:

• Dividend proposal ZHAOWEI plans to distribute a cash dividend of RMB3.85 (tax inclusive) for every 10 shares, based on the current share capital of 267.48 million shares. The payout totals approximately RMB102.98 million. A-share dividends will be paid in RMB; H-share dividends will be converted into Hong Kong dollars using the RMB/HKD central parity rate published on 27 March 2026.

• 2025 financial performance For 2025 the company reported revenue of RMB1.72 billion, operating profit of RMB278.46 million and net profit attributable to shareholders of RMB254.29 million. Total assets reached RMB4.32 billion while net assets attributable to shareholders stood at RMB3.48 billion, up 7.96% year-on-year.

• Amendments to Articles & capital update Following the March 2026 Hong Kong listing of 26.75 million H shares, the company’s registered capital is now RMB267.48 million (267.48 million shares). Amendments to the Articles of Association will reflect the new capital structure and update references to the stock exchange and profit-distribution policies.

• Incentive scheme adjustments Due to staff resignations, ZHAOWEI will repurchase and cancel 24,800 restricted shares and cancel 27,300 unexercised share options granted under the 2024 Incentive Scheme.

• Accounting and auditor The Board proposes to re-appoint BDO China Shu Lun Pan CPA LLP as auditor for 2026 with an annual fee of RMB0.95 million. From 2026, the company will adopt China Accounting Standards for Business Enterprises (CASBE) exclusively for both A-share and H-share reporting, discontinuing separate IFRS statements.

• H-share repurchase mandate Shareholders will vote on granting the Board a general mandate to repurchase up to 10% of issued H shares (approximately 2.67 million shares). Repurchased shares may be cancelled or held as treasury stock in compliance with PRC and Hong Kong regulations.

Additional items include the 2025 annual and Board reports, remuneration matters for directors and senior management, a revised remuneration management system, and a general mandate for future repurchase of restricted shares if necessary.

Proxy forms must be lodged with Tricor Investor Services by 2:30 p.m. on 21 May 2026 for shareholders unable to attend the AGM in person.