Shenzhen Kingdom Sci-Tech shareholders approve key corporate amendments

Shenzhen Kingdom Sci-Tech Co., Ltd. held its third extraordinary general meeting of shareholders on November 14, 2025. A total of 94,407,872 shares, representing 10.0533% of total voting shares, were present or represented. All seven resolutions proposed during the meeting were successfully passed, indicating strong shareholder support for the company's strategic directions.

Key approvals included the utilization of idle self-owned funds for entrusted wealth management, which passed with 96.1053% of votes in favor. Shareholders also approved revisions to the company’s articles of association, external guarantee management system, and related-party transaction system, receiving 98.8312%, 93.3650%, and 93.3742% approval rates, respectively.

Further governance updates, such as revisions to the independent director's work system and the accountant selection system, were also passed with high approval. Additionally, the appointment of the financial audit and internal control audit institutions for 2025 was approved by 98.8499% of the votes. The meeting's procedures and results were validated by Guangdong Cinda Law Firm, confirming compliance with relevant laws and regulations.