Zhejiang Sanhua Intelligent Controls Co., Ltd. (2050) has released a circular covering upcoming extraordinary general meeting arrangements and key corporate proposals. The meeting is scheduled for December 17, 2025, at the Company’s facility in Xinchang, Zhejiang Province. Shareholders on record by December 17 are eligible to vote on several items, including revisions to the Articles of Association, amendments to corporate governance systems, and decisions on a 2025 half-year profit distribution plan.

According to the circular, the proposed amendments to the Articles of Association align the Company’s governance structure with regulatory updates. The Board will request shareholder approval to authorize the management to handle any associated registration changes. The amendments to corporate governance systems focus on strengthening oversight of independent directors, standardizing related-party transactions, and improving internal rules for external guarantees and investments.

In addition, the Board has tabled a resolution for a 2025 half-year profit distribution to shareholders. Based on unaudited figures, the Company plans to distribute RMB1.20 in cash dividends per 10 shares, totaling RMB504.746 million. The circular notes that H-shareholders on record by December 30, 2025, will qualify for the proposed dividend. The initiative aims to balance development needs with returns to investors while upholding prudent financial management.