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XCHG shareholders to vote on increasing authorized share capital by 95 billion shares and boosting Class B voting rights
XCHXCHG Ltd
XCHG Limited is holding an extraordinary general meeting on December 4, 2026, to seek shareholder approval for two key proposals. First, the company proposes to increase its authorized share capital from 5 billion to 100 billion ordinary shares by creating 95 billion additional Class A Ordinary Shares. Second, shareholders are asked to approve an amendment to the memorandum and articles of association that increases the voting rights attached to each Class B Ordinary Share from ten votes to two hundred votes per share on all matters subject to vote at general meetings. The company operates in the electric vehicle charging infrastructure industry.