002723SZSE

Announcement on the Board of Directors Receiving Temporary Proposals from Shareholders

Xiaosong Co., Ltd.··4p

✨ AI Summary

Shareholders holding over 1% of Guangdong Xiaomai Technology Co., Ltd. have submitted temporary proposals to the Board of Directors. These proposals focus on evaluating the company's development situation for 2023-2025, including financial management and investment policies, due to significant expected losses in 2024-2025. One proposal also suggests optimizing organizational structure, projecting 1 billion yuan revenue in 2025 versus 2 billion yuan profit in 2023. The board is urged to review these matters and restore shareholder rights by disclosing relevant information.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openaiSign In to Upgrade

On May 3, 2026, Guangdong Xiaomai Technology Co., Ltd. (hereinafter referred to as the "Company") received temporary proposals from shareholders holding over 1% of the Company's shares. The proposals are related to the evaluation of the Company's development situation for 2025.

On May 5, the Company announced that it would receive proposals from shareholders holding over 1% of the shares, including Tianle, Jiangmen Tianhong Investment Co., Ltd., and others regarding the Company's 2025 development situation.

Proposal One

Proposal Title

Regarding the proposal for the Company to conduct a special evaluation of its overall development situation.

Proposal Background and Reasons

  1. The Company's business performance has significantly declined, with substantial losses expected in 2024 and 2025, and a continued decline in 2026.
  2. Based on the Company's articles of association, the general manager should organize the board of directors to implement the proposals.
  3. The proposal aims to address the Company's operational structure and financial management situation.

Proposal Content

To maintain the Company's compliance with laws and regulations, it is proposed that the board of directors review the following matters:

  1. The board should evaluate the Company's overall development situation from 2023 to 2025.
  2. The board should assess the financial management situation and the implementation of investment policies.

Proposal Two

Proposal Title

Regarding the proposal for the Company to conduct a special evaluation of its long-term development situation.

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.

Notes & Comments

Sign in to leave a comment or private note.

Loading…