Core Viewpoint - Zhejiang Weihua New Materials Co., Ltd. is preparing for the election of its fifth board of directors, with significant shareholder involvement and a focus on maintaining governance standards [10][11][23]. Financial Data - For the first three quarters of 2025, the company reported a total revenue of 659.9952 million yuan, with main business income of 652.7470 million yuan and other business income of 7.2482 million yuan [65]. - The company’s major products began sales in the third quarter of 2025, following the launch of a new production line [65]. Shareholder Information - The fifth board of directors will consist of seven members, including four non-independent directors and three independent directors, with significant shareholders nominating candidates [10][11][23]. - The controlling shareholder, Dongyang Yinghua Holdings Co., Ltd., holds 38.28% of the company’s shares, while Zhejiang Runtu Co., Ltd. holds 15.42% [10][11][14]. Board Election Process - The election of the new board will be conducted using a cumulative voting system, allowing shareholders to vote for each candidate individually [11][33][63]. - The current board will continue to operate until the new board is elected at the upcoming shareholders' meeting scheduled for November 7, 2025 [13][47]. Upcoming Events - The company will hold a quarterly performance briefing on November 3, 2025, to discuss its financial results and address investor inquiries [41][42]. - The first temporary shareholders' meeting of 2025 is set for November 7, 2025, where the new board candidates will be voted on [47][48].
浙江巍华新材料股份有限公司2025年第三季度报告