Gosuncn shareholders approve private placement, governance changes

Gosuncn Technology Group Co., Ltd. successfully held its first extraordinary general meeting of shareholders in 2025 on September 10, 2025. Over 920 shareholders, representing 20.2151% of the total share capital, participated in person and online, with all proposals passing without rejections or modifications.

Key resolutions included the revision of the company's articles of association and various internal governance policies, which received high approval rates. The "Proposal on Amending Certain Articles of Association" was approved with 96.8688% of votes. Additionally, significant proposals related to the private placement of A-shares, such as eligibility, share type and par value, issuance method, pricing, quantity, use of proceeds, lock-up period, control protection, listing location, and arrangement for retained profits, all passed with over 95% approval.

Shareholders also approved the “Proposal on the 2025 Private Placement of A-Shares Plan” and the “Proposal on the Feasibility Analysis Report on the Use of Proceeds from the 2025 Private Placement of A-Shares,” both with approval rates exceeding 95%. The meeting concluded with a resolution granting the board of directors and authorized personnel full authority to handle specific matters related to the private placement.