Shenzhen Microgate shareholders approve key governance revisions

Shenzhen Microgate Technology Co., Ltd. held its third extraordinary general meeting of shareholders for 2025 on December 16, 2025. The meeting, convened by the company's board of directors, combined both on-site and online voting methods, drawing 3 shareholders in person and 286 online participants.

A key outcome was the approval of the "Proposal on Amending the Articles of Association," with 230,717,188 votes in favor (97.5357% of effective votes). Minor shareholders also largely supported this, with 41,617,908 votes in favor (87.7143%). Additionally, the meeting approved several proposals to revise the company's governance documents, including the "Shareholders' Meeting Rules," "Board of Directors' Meeting Rules," "Independent Director Work System," and "Information Disclosure System."

All revised governance proposals received strong shareholder support, with approval rates consistently above 97% for total votes and over 87% for small and medium-sized shareholders. For instance, the "Shareholders' Meeting Rules" amendment passed with 230,560,488 votes in favor (97.4695%), and the "Board of Directors' Meeting Rules" with 230,553,088 votes in favor (97.4663%). Guangdong Huashang Law Firm confirmed the meeting's compliance with relevant laws and regulations.