Keboda Technology shareholders approve equity acquisition, three-year return plan

Keboda Technology Co., Ltd. held its third extraordinary general meeting of shareholders on September 26, 2025, in Shanghai. The meeting, presided over by chairman Ke Guihua, successfully approved two key proposals: the acquisition of equity involving a related party transaction and the shareholder return plan for 2025-2027.

The equity purchase, classified as a related party transaction, saw 20,847,500 votes in favor (99.9281%). Related shareholders, holding 322,579,796 shares, abstained from voting on this proposal. Separately, the future three-year shareholder return plan (2025-2027) was overwhelmingly approved with 343,435,096 votes in favor (99.9979%).

Shanghai Yingdong Law Firm, represented by lawyers Lin Xin and He Mengfei, affirmed the meeting's compliance with relevant laws and regulations. Their legal opinion confirmed the validity of the meeting's procedures, attendee qualifications, proposals, and voting processes and results.