Kunlun Tech shareholders approve subsidiary guarantees for 2026

Beijing Kunlun Tech Co., Ltd. held its third extraordinary general meeting of shareholders on December 24, 2025, with both on-site and online voting. A total of 1,036 shareholders, representing 164,983,167 shares or 13.1423% of the company's total voting shares, participated. Separate vote counting for small and medium investors was noted to uphold their interests.

Two significant proposals were approved. The first, concerning the use of the company's bank credit line by a controlled subsidiary with the company providing guarantees, passed with 91.7889% of votes in favor. For small and medium investors, 31.7782% voted in favor, 67.1104% against, and 1.1114% abstained. The second resolution, forecasting the provision of guarantee limits for controlled subsidiaries for 2026, also passed with 91.7753% of the total votes. Among small and medium investors, this resolution saw 31.6654% in favor, 67.2383% against, and 1.0963% abstaining.

The meeting procedures and resolutions were confirmed by Beijing Tianyuan Law Firm to be compliant with relevant laws and regulations.