Luenmei Quantum shareholders approve major governance overhaul

Luenmei Quantum Co., Ltd. held its third extraordinary general meeting of shareholders for 2025 on December 22, 2025, in Shenyang, Liaoning province. The meeting, attended by 419 shareholders and proxies representing 1.5bn shares, or 66.6780% of the company's total voting shares, resulted in the approval of all proposed resolutions. The meeting was chaired by Su Zhuangqiang, the company's chairman.

A key resolution passed was the "Proposal to Abolish the Supervisory Board and Amend the Articles of Association," which received 99.9092% of the votes in favor. Other significant approvals included the "Rules of Procedure for Shareholder Meetings of Luenmei Quantum Co., Ltd. (Revised 2025)" and the "Rules of Procedure for the Board of Directors of Luenmei Quantum Co., Ltd. (Revised 2025)," both passed with 99.4717% in favor.

Shareholders also approved the "Related Party Transaction Management System of Luenmei Quantum Co., Ltd. (Revised 2025)" and the "External Guarantee Management System of Luenmei Quantum Co., Ltd. (Revised 2025)," both with over 99.4% approval. The "Management Measures for Raised Funds of Luenmei Quantum Co., Ltd. (Revised 2025)" was similarly approved, signaling a comprehensive update to the company's operational and governance policies. Beijing Deheng Law Firm affirmed the legality and validity of the meeting's convening and resolutions.