Sheng yi Technology shareholders approve governance, operational changes

Guangdong Sheng yi Technology Co., Ltd. announced the resolutions passed at its 2025 third extraordinary general meeting of shareholders held on November 13, 2025. All proposed resolutions, including the cancellation of the supervisory board and revisions to the company's articles of association, were approved. The meeting saw 1,562,778,077 shares represented, accounting for 64.3351% of total voting shares.

Key approvals included revisions to the "Shareholder Meeting Rules (Revised October 2025)", "Board of Directors Meeting Rules (Revised October 2025)", "Independent Director Work System (Revised October 2025)", and "Independent Director Remuneration Management Measures (Revised October 2025)". These governance updates were passed with high approval rates, reflecting strong shareholder support.

Additionally, resolutions concerning the "Remuneration Management System for Directors and Senior Management Personnel (Revised October 2025)", "Fundraising Management System (Revised October 2025)", "External Guarantee Management System", and "Related Party Transaction Management System" were also approved. Shareholders also elected Mr. Tang Jiasheng as a non-independent director for the eleventh board of directors.