XGD proposes capital increase, stock option plan, and bylaw changes

XGD (SZSE:300130) announced plans to increase its registered capital due to the exercise of stock options under its 2021 and 2022 equity incentive plans. This change, alongside a proposed 2025 stock option plan, and revisions to the company's articles of association and other internal rules, will be put to a shareholder vote on June 17, 2025. The proposed equity incentive plan would require shareholder authorization. The company plans to engage in securities investment and wealth management activities. The company has proposed changes to the articles, which include amendments to the company's scope, shareholder rights, and board operations and procedures. The modifications will ensure compliance with regulations and enhance corporate governance. XGD has scheduled its annual shareholder meeting for June 17, 2025, to discuss and approve these changes.