On 28 November 2025, Shenzhen Hipine Precision Technology Co., Ltd. (Stock Code: 2583) held an Extraordinary General Meeting (EGM), with shareholders and proxies representing 53,080,860 shares—approximately 90.24% of the total share capital—present to vote on various proposals. All resolutions received the requisite majority approval.

At the EGM, shareholders elected and re-elected Directors for the fourth session of the Board. The terms of the newly appointed and re-elected Directors, including the independent non-executive Director, executive Directors, non-executive Director, and independent non-executive Directors, will each run for three years from 28 November 2025. Subsequently, the Board elected a Chairman, appointed senior management, and adjusted the composition of its committees. Notably, the Chairman of the fourth session of the Board was elected, and senior management roles such as General Manager, Deputy General Manager, Chief Financial Officer, and Board Secretary were confirmed.

The meeting also addressed the composition of the Supervisory Committee. Shareholders approved the re-election of two non-employee representative Supervisors, and an employee representative Supervisor was re-elected through the employee representative meeting. All Supervisors’ terms are three years from 28 November 2025. Following the EGM, a new Chairlady of the Supervisory Committee was elected in accordance with the relevant procedures.

The changes in the Board and Supervisory Committee were conducted in line with the Articles of Association and applicable regulations, with all poll results verified by an independent scrutineer.