Deye(SH:605117) Zheng Quan Zhi Xing·2025-08-25 17:05Group 1 - The board of directors of Ningbo Deye Technology Co., Ltd. held a meeting on August 25, 2025, with all 7 directors present, achieving the quorum required by the Company Law and the Articles of Association [1] - The meeting approved all agenda items through written voting, including the 2025 semi-annual report and its summary, with a unanimous vote of 7 in favor [2][3] Group 2 - The board approved a special report on the use of raised funds as of June 30, 2025, which was also disclosed on the Shanghai Stock Exchange [2] - A profit distribution plan was approved, proposing a cash dividend of RMB 1.108 per share, with a total distributable profit of RMB 1,080,464,545.57 as of June 30, 2025 [2] Group 3 - The board approved the reappointment of the accounting firm, which will also be submitted to the shareholders' meeting for approval [3][4] - A proposal to increase the foreign exchange hedging business limit for 2025 from USD 1.5 billion to USD 3 billion was approved to mitigate exchange rate risks [4] Group 4 - The board approved the draft of the 2025 Employee Stock Ownership Plan (ESOP) to enhance the company's operational mechanism and align the interests of shareholders, the company, and employees [6][7] - The management measures for the 2025 ESOP were also approved to ensure effective implementation [8] Group 5 - The board proposed to authorize the board to handle matters related to the 2025 ESOP, including establishment, changes, and termination of the plan [9] - An evaluation report on the "Quality Improvement and Efficiency Enhancement" action plan for 2024 was approved [9] Group 6 - The company decided to hold the first extraordinary shareholders' meeting of 2025, with details to be announced later [9]