Suzhou TFC shareholders back capital, articles of association changes

Suzhou TFC Optical Communication Co., Ltd. held its first extraordinary general meeting of shareholders for 2025 on September 22, 2025. The meeting, convened by the board of directors and chaired by chairman Zou Zhinong, approved a significant resolution concerning the company’s registered capital and articles of association.

The meeting was conducted through a combination of on-site and online voting. A total of 1,478 shareholders participated, representing 52.8552% of the company's total voting shares.

The "Proposal on Changing the Company's Registered Capital and Amending the Articles of Association" received overwhelming support, with 410,488,349 shares (99.8987% of effective voting shares) in favor. Only 88,700 shares (0.0216%) were against the proposal, and 327,548 shares (0.0797%) abstained. As a special resolution, it required and achieved more than two-thirds approval from attending shareholders.

Minority shareholders also largely supported the resolution, with 61,165,663 shares (99.3241%) voting in favor. Jiangsu Century Tongren Law Firm deemed the meeting and its resolutions lawful and valid, ensuring regulatory compliance.