Sep. 14 at 9:44 AM
$CHR BEIJING, May 12, 2025 (GLOBE NEWSWIRE) -
At the Annual General Meeting, the Company’s shareholders:
(1) re-elected Mr. Ke Chen as a Class III director of the Company until the 2028 annual general meeting of the Company or until his respective successors is duly appointed and qualified;
(2) ratified the appointment of Enrome LLC as the independent registered public accounting firm of the Company for the financial year ending December 31, 2025;
(3) approved to increase the number of authorized Class A ordinary shares of a par value of US
$0.001 each (“Class A Shares”) from 200,000,000 to 500,000,000; and
(4) approved to authorize the board of directors to implement a share consolidation for the Class A Shares, at such times as it deems appropriate, and in its discretion, to select a ratio of 1-for-10, 1-for-25 or 1-for-50.