Lingjue held its annual shareholders' meeting on June 25, 2026, approving the loss allocation plan and financial statements for fiscal year 2025. The meeting also adopted revisions to internal asset management and guarantee procedures, approved the removal of director Lu Xin-chen via a 1% shareholder proposal, and passed a supplementary motion requiring an extraordinary shareholders' meeting by September 30, 2026, for a full board re-election.
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Frequently Asked Questions
Q: What was decided at Lingjue's 115th annual shareholder meeting?
A: Approved 114 fiscal year loss allocation, financial statements, revised asset management rules, removed director Lu Xin-chen, and requested an extraordinary meeting by September 30, 115.
Q: Why was director Lu Xin-chen removed?
A: Removed via proposal by a 1% shareholder; specific reasons not disclosed. Reflects active shareholder governance.
Q: By when must the extraordinary shareholder meeting be held?
A: The board is required to convene an extraordinary meeting by September 30, 115 for full board re-election.