Feilo Acoustics shareholders approve governance, operational changes

Shanghai Feilo Acoustics Co., Ltd. held its first extraordinary general meeting of shareholders for 2025 on September 25, 2025. The meeting, attended by 1,084 shareholders representing 1,700,848,609 shares, or 67.8432% of total voting shares, saw all proposed resolutions passed. Key approvals included changes to the company's business scope and amendments to its Articles of Association, the rules of procedure for the General Meeting of Shareholders, and the rules of procedure for the board of directors.

The resolution concerning the change in business scope and amendments to the Articles of Association received 99.8452% of votes in favor (1,698,216,193 shares). Similarly, revisions to the rules of procedure for the General Meeting of Shareholders garnered 99.7820% approval (1,697,141,013 shares), and amendments to the rules of procedure for the board of directors passed with 99.8227% of votes in favor (1,697,833,793 shares). All three were special resolutions, requiring approval by more than two-thirds of the valid voting shares.

Additionally, a proposal to revise the company's external donation management system was approved as an ordinary resolution with 99.7903% of votes in favor (1,697,282,667 shares). The meeting's procedures and resolutions were confirmed as compliant with relevant laws and the company's Articles of Association by Beijing Tongshang Law Firm, Shanghai Branch.