Kuang-Chi Technologies shareholders back cash management, auditor re-appointment

Kuang-Chi Technologies Co., Ltd. held its sixth extraordinary general meeting of shareholders for 2025 on December 19, 2025. Shareholders approved two key proposals, demonstrating strong support for the company's financial strategies and operational governance. The meeting, which combined on-site and online voting, recorded attendance from 1,207 shareholders, representing 31.4752% of the total voting shares, amounting to 676,959,644 shares.

The first resolution, "Regarding the Continued Use of Part of Idle Raised Funds for Cash Management," passed with 99.8774% of votes in favor (676,129,671 shares). Only 0.0941% (637,173 shares) opposed, and 0.0285% (192,800 shares) abstained. The second resolution, "Regarding the Re-appointment of the Accounting Firm," also received overwhelming approval with 99.7129% of votes in favor (675,015,870 shares), 0.2666% against (1,805,074 shares), and 0.0205% abstained (138,700 shares).

The meeting procedures, qualifications of attendees, and voting results were affirmed by Beijing Junhe Law Offices (Shenzhen), ensuring compliance with relevant laws and the company's articles of association. These approvals highlight the company’s commitment to prudent financial management and consistent audit oversight.