Shanghai Sunmi Technology Co., Ltd. Announces Exemption from 2025 Annual Report Requirement

Key Highlights for Investors and Shareholders

• Company: Shanghai Sunmi Technology Co., Ltd. (Stock Code: 6810), a joint stock company controlled through weighted voting rights and incorporated in the People’s Republic of China.
• Announcement Date: April 30, 2026
• Subject: Exemption from preparing, publishing, and sending a separate 2025 Annual Report under Rule 13.46(2) of the Hong Kong Listing Rules

Detailed Overview

Shanghai Sunmi Technology Co., Ltd. (hereafter the “Company”) has made an official announcement regarding its compliance with the annual reporting requirements stipulated by the Hong Kong Stock Exchange. According to Rule 13.46(2) of the Listing Rules, PRC issuers are generally required to prepare, publish, and send an annual report or summary financial report to shareholders within four months after the end of the relevant financial year.

However, the Company has clarified that, based on Note 4 to Rule 13.46(2), this Annual Report Requirement does not apply for the year ended December 31, 2025 due to the following reasons:

1. Inclusion of Financial Information in Prospectus: The Company has already included all required financial information for the year ended December 31, 2025, as specified under Appendix D2 to the Listing Rules, within its prospectus dated April 21, 2026.
2. Regulatory Compliance: The Company confirms that not distributing a separate annual report or accounts will not result in any breach of its Articles of Association, PRC laws and regulations, or other regulatory requirements.
3. Corporate Governance Code Compliance: The Company has stated compliance with the applicable code provisions in Part 2 of the Corporate Governance Code (Appendix C1 to the Listing Rules), except for a deviation from Code Provision C.2.1, which has been explained in the Prospectus.

Implications for Shareholders and Potential Investors

• No Separate Annual Report for 2025: Shareholders and potential investors should not expect a separate annual report or summary financial report for the year ended December 31, 2025, as the required information is already disclosed in the Company’s prospectus.
• Access to Financial Information: The financial results for 2025 are available for review on the official website of the Hong Kong Stock Exchange (www.hkexnews.hk) and the Company’s website (https://www.sunmi.com).
• Price Sensitivity: This exemption is procedural and does not reflect a change in the Company’s financial performance or business fundamentals. However, investors should remain vigilant as any confusion regarding the availability of annual reports can affect market sentiment and potentially lead to volatility in the share price.

Board and Corporate Structure Update

As of the date of this announcement, the Board of Directors comprises:

• Executive Directors: Mr. Lin Zhe (Chairman, Executive Director, and General Manager), Mr. Chen Xiaojing, Mr. Zhang Jinpu, and Mr. Chen Guihong
• Non-Executive Directors: Mr. Wang Huan and Ms. Zhang Yi
• Independent Non-Executive Directors: Mr. Li Shihong, Ms. Wang Xia, and Mr. Poon Wing Shing, Anthony

Conclusion

The Company’s exemption from the 2025 Annual Report Requirement is in line with the regulatory framework and does not constitute any breach of listing or local laws. All essential financial information for 2025 is already available in the Prospectus and through official channels. Shareholders and potential investors are advised to reference the Prospectus for complete financial details and remain aware of the Company’s ongoing disclosures.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors are encouraged to review official Company filings and consult professional advisors before making investment decisions. The Company and the author take no responsibility for any losses arising from reliance on the information provided herein.

View SUNMI TECH-W Historical chart here