Group 1 - The company has completed the registration process for its new subsidiary in Singapore, named WEST DEANE NEW POWER (SG) PTE. LTD. [2][3] - The registered capital of the new company is $10,000 [3]. - The registered address of the Singapore company is 60 Paya Lebar Road, 12-03, Paya Lebar Square, Singapore 409051 [3]. Group 2 - The registration certificate number for the new company is 202538959E [3]. - The registration date for the company is September 2, 2025 [3]. - The company is classified as a private limited company and is fully owned by its Hong Kong subsidiary, WEST DEANE INTERNATIONAL LIMITED [3].

Core Viewpoint - The company, Suzhou Xidian New Energy Electric Co., Ltd., is set to hold a half-year performance briefing on September 5, 2025, to discuss its operational results and financial status for the first half of 2025, allowing investors to engage in Q&A sessions [1][2]. Group 1: Meeting Details - The performance briefing will take place on September 5, 2025, from 15:30 to 16:30 [1][2]. - The meeting will be conducted online via the Shanghai Securities News and China Securities Network platform [1][2]. - Investors can submit questions via email from September 2 to September 4, 2025, and the company will address common inquiries during the briefing [2][3]. Group 2: Participants - Key participants in the meeting will include the Chairman and General Manager, Mr. Sheng Jianhua, the Vice General Manager, Ms. Pan Shuxin, Independent Director, Mr. Liu Xuefeng, Financial Officer, Ms. Li Yuhong, and Secretary of the Board, Mr. Li Dong [2]. Group 3: Contact Information - For inquiries, investors can contact Mr. Li Dong at phone number 0512-66165979 or via email at IR@wdint.com [3]. - After the meeting, investors can access the meeting details and main content through the online platform [3].

Core Viewpoint - The announcement details a share reduction plan by a major shareholder of Suzhou Xidian New Energy Electric Co., Ltd., which may impact the company's stock performance and investor sentiment [1][3]. Group 1: Shareholder Information - As of the announcement date, the shareholder Changjiang Chenda (Hubei) New Energy Industry Investment Partnership (Limited Partnership) holds 5,656,300 shares, accounting for 3.50% of the company's total share capital [2]. - The shares held by Changjiang Chenda were acquired before the company's initial public offering and became tradable on January 13, 2025 [2]. Group 2: Reduction Plan Details - The shareholder plans to reduce their holdings by up to 3,232,000 shares within three months after the announcement, representing no more than 2% of the total share capital [3]. - The reduction will occur through centralized bidding or block trading, with a maximum of 1,616,000 shares to be sold via centralized bidding [3]. - The selling price will be determined by market conditions, and adjustments will be made to the number of shares if there are any corporate actions like dividends or stock splits during the reduction period [3]. Group 3: Commitment and Compliance - The shareholder has previously committed not to transfer or manage the shares acquired before the IPO for 12 months post-listing [6]. - If the shareholder fails to comply with this commitment, any profits from the sale of these shares will be surrendered to the company [7]. - The shareholder expresses a positive outlook on the company's future and intends to hold shares long-term, adhering to all relevant laws and regulations regarding share reduction [8][9].

Group 1 - The company, Suzhou West Deane New Energy Electric Co., Ltd., has completed the registration of its wholly-owned subsidiary in Hong Kong, named West Deane International Limited [2] - The registered capital of the new subsidiary is HKD 10,000, and it has obtained the necessary company registration certificate and business registration certificate from the Hong Kong Special Administrative Region [2] - The registration certificate was issued on August 8, 2025, and the registered address is located in Kowloon, Hong Kong [2][4] Group 2 - The company held meetings on June 24, 2025, and July 10, 2025, where it approved the proposal for foreign investment and the establishment of overseas subsidiaries, including the construction of a production base in Thailand [2] - The relevant details of the investment proposal were disclosed in a previous announcement on June 25, 2025 [2]

Group 1 - The board of directors of Suzhou Xidian New Energy Electric Co., Ltd. held its ninth meeting on August 14, 2025, with all five directors present, ensuring compliance with legal and regulatory requirements [1] - The board approved the half-year report and its summary, with a unanimous vote of 5 in favor [2] - The board also approved the mid-year profit distribution plan, proposing a cash dividend of 4.00 RMB per 10 shares, totaling 62,738,732.00 RMB, which represents 45.13% of the net profit attributable to shareholders for the first half of 2025 [2] Group 2 - The board approved a special report on the storage and actual use of raised funds for the first half of the year, with a unanimous vote of 5 in favor [3] - The board approved a proposal to establish a wholly-owned subsidiary, pending shareholder approval [3] - The board approved a proposal to increase capital for the wholly-owned subsidiary using raised funds for investment projects, pending shareholder approval [3] Group 3 - The board approved a proposal to use self-owned funds to pay part of the investment project costs and replace them with raised funds, with a unanimous vote of 5 in favor [4] - The board approved the reappointment of the auditing firm, Yongcheng Accounting Firm, for the 2025 financial year, pending shareholder approval [5] - The board approved the allocation of reserved shares for the first employee stock ownership plan, with 3 votes in favor and 2 directors abstaining from the vote [5] Group 4 - The board approved the draft and summary of the second employee stock ownership plan, which will be submitted for shareholder approval [6] - The board approved the management measures for the second employee stock ownership plan, which will also be submitted for shareholder approval [6] - The board proposed to authorize the board to handle matters related to the second employee stock ownership plan, effective until the completion of the plan [7] Group 5 - The board decided to hold the third extraordinary general meeting of shareholders on September 4, 2025, to review related proposals, with a unanimous vote of 5 in favor [8]

Meeting Information - The shareholder meeting is scheduled for September 4, 2025, at 14:30 [1] - The meeting will be held at the headquarters of Xidian New Energy, located at 359 Jin Feng Road, Suzhou [1] - Voting will be conducted through a combination of on-site and online methods [1] Voting Procedures - The online voting system used will be the Shanghai Stock Exchange's shareholder meeting online voting system [2] - Voting will be available from 9:15 to 15:00 on the day of the meeting [1][2] - Shareholders can vote via the trading system or the internet voting platform [2] Agenda Items - The meeting will discuss the authorization of the board to handle matters related to the company's second employee stock ownership plan [2] - The proposal has been approved in the board meeting held on August 14, 2025 [2] Attendance Requirements - Shareholders registered by the close of trading on August 29, 2025, are eligible to attend [4] - Both natural and legal person shareholders must provide identification and shareholder account information for registration [4] Proxy Voting - Shareholders can appoint a proxy to attend the meeting and vote on their behalf [4] - The proxy does not need to be a shareholder of the company [4] Registration Details - Registration for attendance will take place on September 3, 2025, from 9:30 to 17:00 [4] - The registration location is the securities department of Xidian New Energy [4]

Core Points - The company intends to use its own funds to pay for part of the fundraising project expenses and subsequently replace them with the raised funds, which is aimed at improving fund utilization efficiency and overall operational management efficiency [1][4][5] Fundraising Overview - The total amount raised by the company is RMB 1,172,408,000, with a net amount of RMB 1,172,408,000 after deducting issuance costs [1] - The company has established a dedicated account for managing the raised funds and signed a regulatory agreement with the sponsor and bank to ensure the safety of fund usage [2] Investment Project Details - The main investment project is the expansion of the production capacity for 8 million power battery connection systems, with a total expected investment of RMB 895.0184 million and an allocated amount of RMB 869.6652 million from the raised funds [2] Reasons for Using Own Funds - The company needs to use its own funds for prepayments in the fundraising project due to operational convenience, particularly for the "R&D Center Construction Project," which involves various personnel costs and materials [3] Operational Process for Fund Replacement - The company will regularly summarize the amounts paid with its own funds and transfer equivalent amounts from the dedicated fundraising account to its own funds account, ensuring that the funds are used solely for the corresponding investment projects [3][4] Impact on the Company - The decision to use own funds for project payments and replace them with raised funds is expected to enhance fund utilization efficiency and reduce financial costs, aligning with the interests of the company and its shareholders [4] Approval Process - The company's board of directors approved the proposal on August 14, 2025, and it does not require submission to the shareholders' meeting for further approval [4] Sponsor's Verification Opinion - The sponsor has verified that the company's proposal to use its own funds for project payments and replace them with raised funds has been approved by the board and complies with relevant regulations, ensuring that it will not affect the normal implementation of the investment projects [4][5]

Core Viewpoint - The company, Suzhou Xidian New Energy Electric Co., Ltd., has announced a profit distribution plan for the first half of 2025, proposing a cash dividend of 4.00 RMB per 10 shares (including tax) to its shareholders [1][2]. Profit Distribution Plan - The total profit available for distribution to shareholders as of June 30, 2025, is 207,419,073.75 RMB [2]. - The company plans to distribute a total cash dividend of 62,738,732.00 RMB (including tax) based on a total share count of 161,600,000 shares, excluding 4,753,170 shares held in the repurchase account [2][4]. - The distribution ratio will remain unchanged even if the total share count changes before the record date, with adjustments to the total amount announced separately [3]. Decision-Making Process - The profit distribution proposal was approved during the second board meeting held on August 14, 2025, and had previously been reviewed by the audit committee [5]. - The audit committee confirmed that the proposal complies with relevant laws and regulations, and it is in the best interest of the company and its shareholders [5]. Risk Considerations - The company does not foresee any risk warnings that would affect the profit distribution plan, as it has not been in operation for three complete fiscal years [3][5].

Group 1 - The company has approved a share repurchase plan using its own funds, with a total repurchase amount between RMB 50 million and RMB 100 million, and a maximum repurchase price of RMB 40 per share [2] - The repurchase period is set for 12 months from the date of the shareholders' meeting that approved the plan [2] - The maximum repurchase price was adjusted to RMB 39.25 per share following the company's annual equity distribution [3] Group 2 - As of July 31, 2025, the company has repurchased a total of 1,600,500 shares, representing 0.99% of the total share capital, with a total expenditure of approximately RMB 53.34 million [4] - The highest repurchase price recorded was RMB 34.64 per share, while the lowest was RMB 30.17 per share [4] - The company will continue to make repurchase decisions based on market conditions and will fulfill its information disclosure obligations [5]

Core Viewpoint - Suzhou Xidian New Energy Electric Co., Ltd. has completed the construction and production of its fundraising project "Annual Production of 8 Million Power Battery Connection Systems Expansion Project" and has closed the related special fundraising account [1][5]. Fundraising Basic Situation - The company raised a total of RMB 1,174.81 million by issuing 40,400,000 shares at a price of RMB 29.02 per share, with a par value of RMB 1.00 per share [1][2]. - The funds have been managed in a dedicated account to ensure their safe usage [2]. Fundraising Investment Project Basic Situation - The planned investment for the "Annual Production of 8 Million Power Battery Connection Systems Expansion Project" was RMB 895.0184 million, with an actual investment of RMB 868.9652 million [3][4]. Fundraising Usage and Surplus Situation - As of July 23, 2025, the total investment in the "Annual Production of 8 Million Power Battery Connection Systems Expansion Project" was RMB 218.5914 million, which is 100.73% of the committed investment amount, with no surplus funds remaining [4][5]. - The "Supplementary Working Capital Project" has also fully utilized its fundraising, with no surplus funds remaining [5]. Fundraising Special Account Cancellation Situation - The special fundraising accounts for both the "Annual Production of 8 Million Power Battery Connection Systems Expansion Project" and the "Supplementary Working Capital Project" have been canceled, and the related three-party supervision agreements have been terminated [5].