Group 1 - The company, Zhejiang Biyi Electric Co., Ltd., is holding its fourth extraordinary general meeting of shareholders on September 10, 2025, at 13:30 [1][2] - The meeting will take place at the company's conference room located at 88 Yuzhaojiang Road, Yuyao City, Ningbo, Zhejiang Province [1][4] - Shareholders can vote through the Shanghai Stock Exchange's online voting system, with voting available from 9:15 to 15:00 on the day of the meeting [1][2] Group 2 - The meeting will review non-cumulative voting proposals that have already been approved by the company's board and supervisory committee [2][3] - There are no related shareholders that need to abstain from voting on the proposals [2] - Shareholders must register to attend the meeting, with registration available on September 8, 2025, from 9:30 to 12:00 and 14:00 to 16:00 [3][5] Group 3 - Shareholders holding multiple accounts can aggregate their voting rights across all accounts for the same class of shares [3] - The company has provided a proxy authorization form for shareholders who wish to appoint a representative to vote on their behalf [4][7] - The company emphasizes that all attendees must bring valid identification and any necessary authorization documents for verification [4][5]

Core Viewpoint - The document outlines the management system for foreign exchange derivative trading at Zhejiang Biyi Electric Appliance Co., Ltd, aiming to standardize operations, mitigate investment risks, and ensure asset safety [1][2][3]. Group 1: General Principles - The foreign exchange derivative trading business is defined as transactions aimed at mitigating exchange rate and interest rate risks, including various products like forward contracts, swaps, and options [1]. - The company must conduct foreign exchange derivative transactions only with qualified financial institutions approved by the State Administration of Foreign Exchange and the People's Bank of China [2]. - Transactions must be based on prudent forecasts of foreign currency inflows and outflows, with limits set by the board or shareholders [2][3]. Group 2: Approval and Internal Processes - The board of directors and shareholders are responsible for approving the annual limits for foreign exchange derivative trading, with the chairman or authorized personnel managing the execution [3][4]. - The finance department is tasked with daily operations, including transaction management, risk assessment, and reporting to the board [4][5]. - A risk analysis report must be submitted to management and the board, detailing trading positions, risk assessments, and compliance with stop-loss limits [5][6]. Group 3: Risk Management and Reporting - In case of significant market fluctuations, the finance department must analyze the situation and report to management promptly [6]. - The audit department is responsible for supervising the actual operations and financial outcomes of the trading activities [4][6]. - Information regarding trading activities must be disclosed in accordance with regulatory requirements, especially if losses exceed 10% of the company's audited net profit [7]. Group 4: Documentation and Compliance - All trading documents and records must be maintained for a period of 10 years, with the finance department responsible for their organization and archiving [7]. - The management system must comply with relevant laws and regulations, and any conflicts with mandatory provisions must be resolved in favor of those provisions [7].

Core Points - The document outlines the management system for subsidiaries of Zhejiang Biyi Electric Appliance Co., Ltd, aiming to ensure standardized operations and protect investors' rights [1][2][3] Group 1: General Principles - The management system is established to clarify the responsibilities and rights of the parent company and its subsidiaries, ensuring efficient and orderly operations [1] - Subsidiaries are defined as independent legal entities established by the parent company based on strategic planning and business needs [1] Group 2: Governance of Subsidiaries - Subsidiaries must establish shareholder meetings, boards of directors, and supervisory boards as per legal requirements [2] - The board of directors should consist of a majority of members recommended by the parent company [2][3] Group 3: Operational Management - Subsidiaries must comply with national laws and regulations while aligning with the parent company's strategic goals [5] - Annual operational plans must be prepared by the subsidiary's general manager, including key economic indicators and financial plans [5] Group 4: Financial and Fund Management - Subsidiaries are required to follow national financial policies and maintain accurate accounting records [7] - The parent company's finance department oversees the financial management of subsidiaries, including monitoring fund operations [7][8] Group 5: Investment Management - Subsidiaries can propose investment projects based on market conditions, ensuring they follow legal and prudent principles [10] - Investment project decisions require feasibility studies and approval processes, with regular progress reports to the parent company [10] Group 6: Information Disclosure - Subsidiaries must report significant business and financial matters to the parent company in a timely manner [11] - There is a confidentiality obligation regarding undisclosed information that may impact the parent company's stock price [11] Group 7: Supervision and Audit - Subsidiaries must cooperate with the parent company in external audits and internal assessments of financial and operational compliance [12] - The audit scope includes compliance with laws, internal control systems, and financial performance [12] Group 8: Assessment and Penalties - A mechanism to motivate and constrain the management and staff of subsidiaries is required to align responsibilities and benefits [13] - The parent company can impose penalties on subsidiary management for failing to fulfill their duties [13]

Core Points - The article outlines the implementation details for publicly soliciting shareholder rights by Zhejiang Biyi Electric Appliance Co., Ltd, aiming to enhance corporate governance and protect investor rights [1][2]. Group 1: General Principles - The guidelines are established to regulate the behavior of public solicitation of shareholder rights, ensuring compliance with relevant laws and regulations [1]. - Public solicitation refers to the act of eligible entities requesting shareholders to delegate their rights to attend meetings and vote [1][2]. Group 2: Eligible Solicitors - The following entities can act as solicitors: the company's board of directors, independent directors, shareholders holding more than 1% of voting shares, and investor protection institutions [1][2]. - Certain conditions disqualify independent directors and shareholders from soliciting rights, including regulatory sanctions and criminal investigations [1][2]. Group 3: Basic Principles of Solicitation - Solicitors must act in good faith, adhering to legal and regulatory requirements, and are prohibited from fraudulent activities [2][3]. - Solicitors must send solicitation documents to the company through official channels [2]. Group 4: Rights and Responsibilities - Shareholders must delegate all corresponding rights of their shares to the solicitors [2][3]. - Solicitors cannot transfer the rights obtained through solicitation to third parties, except for designated staff handling the matter [2]. Group 5: Information Disclosure - Solicitors are required to disclose necessary information accurately and comprehensively, ensuring transparency in the solicitation process [6][10]. - The solicitation announcement must include details such as the solicitor's qualifications, reasons for solicitation, and the rights being solicited [6][10]. Group 6: Proposal Rights - Solicitors must disclose the content of proposals when soliciting shareholder proposal rights, ensuring compliance with legal and regulatory standards [10][11]. - If the solicitation results meet the required shareholding ratio, the solicitor can submit proposals for consideration at the upcoming shareholder meeting [11][12]. Group 7: Record Keeping - Solicitors and the company must maintain records of the solicitation process for at least ten years, including original authorization documents and meeting records [14].

General Overview - The document outlines the working rules of the Strategic Committee of Zhejiang Biyi Electric Appliance Co., Ltd, aimed at enhancing the company's core competitiveness and decision-making processes [1][2]. Composition of the Committee - The committee consists of at least three directors, including at least one independent director [2]. - Committee members are nominated by the chairman, more than half of the independent directors, or one-third of all directors, and elected by the board [2]. Responsibilities and Authority - The main responsibilities of the Strategic Committee include researching and proposing suggestions on the company's operational goals and long-term development strategies [2]. - The committee is tasked with studying and suggesting major investment and financing plans that require board approval [2]. - It also examines significant transactions and other major matters affecting the company's development, reporting findings to the board [2]. Meeting Procedures - Any committee member can propose a temporary meeting, which must be announced at least two days in advance [3]. - A quorum requires the presence of more than two-thirds of the committee members, and decisions must be approved by a majority [3][4]. - Meetings can be held in person or through other means, ensuring effective communication among members [3]. Confidentiality and Record Keeping - Members and attendees of the meetings are bound by confidentiality regarding discussed matters [4]. - Meeting records must be kept for at least ten years, including signatures of attendees [4]. Additional Provisions - The document specifies that the committee can invite company directors and senior management to meetings as necessary [4]. - The rules are subject to modification in accordance with national laws and regulations, and the board is responsible for interpreting these rules [5].

Core Points - The document outlines the regulations and responsibilities of the board secretary of Zhejiang Biyi Electric Co., Ltd, ensuring compliance with relevant laws and company regulations [1][2][3] Chapter 1: General Provisions - The board secretary is a senior management position responsible for the board and the company, ensuring diligent and efficient performance of duties [1] - The board secretary manages shareholder and board meeting preparations, document storage, and shareholder information [1] Chapter 2: Qualifications - Candidates for the board secretary must possess good professional ethics, necessary financial, management, and legal knowledge, and relevant work experience [2] - Individuals with certain disqualifying conditions as per company law or company articles cannot serve as board secretary [2] Chapter 3: Appointment and Dismissal - The board secretary is nominated by the chairman and appointed or dismissed by the board, with necessary materials submitted to the Shanghai Stock Exchange prior to appointment [3] - Dismissal of the board secretary requires sufficient justification, and the company must report the reasons for dismissal to the Shanghai Stock Exchange [3] Chapter 4: Responsibilities - The board secretary is responsible for information disclosure, managing insider information, and coordinating investor relations [4] - Duties include organizing board and shareholder meetings, maintaining confidentiality of undisclosed information, and ensuring compliance with legal and regulatory requirements [4][5] Chapter 5: Miscellaneous - The company must provide necessary conditions for the board secretary to perform their duties, and all relevant personnel must cooperate [5] - The board may appoint a securities affairs representative to assist the board secretary, who must also hold the necessary qualifications [5]

市值管理制度 第一章 总则 第一条 为切实推动浙江比依电器股份有限公司（以下简称"公司"）提升投资价 值，增强投资者回报，规范公司市值管理工作，根据《中华人民共和国公司法》《中华 人民共和国证券法》《上市公司监管指引第 10 号—市值管理》《上海证券交易所股票 上市规则》等法律法规、规范性文件及《公司章程》的规定，制定本制度。 第二条 本制度所称市值管理，是指公司以提高公司质量为基础，为提升公司投 资价值和股东回报能力而实施的战略管理行为。 浙江比依电器股份有限公司 第三条 公司在开展市值管理工作过程中，应当牢固树立回报股东意识，采取措 施保护投资者尤其是中小投资者利益，诚实守信、规范运作、专注主业、稳健经营， 以新质生产力的培育和运用，推动经营水平和发展质量提升，并在此基础上做好投资者 关系管理，增强信息披露质量和透明度，必要时积极采取措施提振投资者信心，推动 公司投资价值合理反映公司质量。 第四条 市值管理的基本原则： （一）合规性原则：公司应当在严格遵守相关法律法规、规范性文件和《公司章 程》等规定的前提下开展市值管理工作； （二）系统性原则：公司应当秉持系统思维、整体推进的原则，协同公司各业务 体系以 ...

Core Viewpoint - Zhejiang Biyi Electric Co., Ltd. has adjusted the repurchase price of restricted stock from 7.0750 RMB per share to 6.7750 RMB per share and plans to repurchase and cancel 8,400 shares of restricted stock granted to two departing incentive objects [1][10][11]. Group 1: Adjustment of Repurchase Price - The repurchase price adjustment is due to the company's profit distribution plan, which includes a cash dividend of 0.30 RMB per share, leading to a decrease in the repurchase price [10][11]. - The new repurchase price is calculated as follows: P = P0 - V, where P0 is the original repurchase price and V is the dividend per share [10][11]. Group 2: Repurchase and Cancellation of Restricted Stock - The company will repurchase and cancel 8,400 shares of restricted stock that were granted to two departing incentive objects who have not yet lifted the restrictions [11][12]. - The repurchase price for these shares will be set at 6.7750 RMB per share, in line with the adjusted price [11][12]. Group 3: Legal Compliance and Approval - The adjustments and repurchase actions have received the necessary approvals and authorizations as per the relevant laws and regulations, including the Company Law and Securities Law [12][13]. - The company is required to fulfill information disclosure obligations and apply for the repurchase cancellation procedures with the China Securities Depository and Clearing Corporation [12][13].

Group 1 - The core viewpoint of the article is that Xianhe Electric (02381.HK) reported an increase in operating revenue for the six months ending June 30, 2025, amounting to 130.0 million HKD, which is a rise of 6.1 million HKD or 4.9% compared to 123.9 million HKD in the same period of 2024 [1] - The increase in revenue is primarily attributed to higher sales volume [1] - The profit attributable to the company's owners was 12.9 million HKD, showing a slight decrease of 0.1 million HKD or 0.8% from 13.0 million HKD in the same period of 2024 [1]

Core Insights - A new company, Foshan Xilaisheng Cleaning Appliance Co., Ltd., has been established with a registered capital of 500,000 RMB [1] - The company operates in various sectors including manufacturing and sales of commercial and household appliances, as well as providing technical consulting and marketing services [1] Company Overview - The registered capital of the company is 500,000 RMB [1] - The business scope includes manufacturing and sales of specialized equipment for commercial, dining, and service industries [1] - The company also engages in the sales of household appliances, daily necessities, and offers repair services [1] Industry Activities - The company is involved in a wide range of activities such as internet sales, import and export of goods, and technical services [1] - It provides consulting and planning services, market marketing planning, and installation services for household appliances [1] - The company also focuses on the sales of various products including hardware, electronic components, and lighting fixtures [1]