China Tianying updates governance, capital, and investment frameworks

China Tianying Inc. announced the successful passage of several key resolutions at its second extraordinary general meeting on September 9, 2025. Shareholders approved revisions to the company's Articles of Association and various governance policies, including the "Overseas Investment Management System" and "Raised Funds Management Measures."

A notable outcome was the approval to cancel 15.7755 million stock options from the 2023 Stock Option Incentive Plan, representing 0.63% of the company's total share capital, due to unfulfilled performance targets and personnel departures. Additionally, the company is set to reduce its registered capital by cancelling a portion of repurchased shares, reflecting a strategic adjustment to its capital structure.

These updates aim to enhance internal controls, protect shareholder interests, and ensure regulatory compliance, aligning the company's operations with current legal and market standards. The resolutions received overwhelming shareholder support, with the "Overseas Investment Management System" approved by 98.1284% of votes, the "Articles of Association" by 98.1403%, and the capital reduction by 99.9039%.