Financing ·
Star Fashion Culture Holdings Limited shareholders approved two major proposals during an Extraordinary General…
STFSStar Fashion Culture Holdings Ltd
Star Fashion Culture Holdings Limited shareholders approved two major proposals during an Extraordinary General Meeting held on July 13, 2026. First, the company revised terms for the allotment of up to 5,000,000 Class B ordinary shares to Xingji Zhangpingting Limited, authorizing the Board to determine the consideration based on a future valuation report. Second, shareholders approved the offering and sale of up to 10,000,000 Class A ordinary shares via a Form F-1 registration statement with the SEC. The company also authorized the chairman to adjourn the meeting if necessary to ensure sufficient votes. The company operates in the fashion and culture industry.