Zhenxin Technology: Shareholder Moron sues the company; the validity of the shareholder meeting resolution on February 12, 2026

K-LinePoet · 2026-03-29T02:17:36+00:00

Zhenxin Technology announced that shareholder and director of the Sixth Board of Directors, Mo Ran, filed a lawsuit with the Chengdu High-tech Industrial Development Zone People's Court regarding the company's extraordinary general meeting resolution on February 12, 2026, requesting to declare the resolution invalid. The plaintiff believes that the resolution involves issues such as the nominee damaging the rights and interests of other shareholders of the controlling shareholder, some of the nominated individuals potentially lacking qualifications as directors, and the controlling shareholder influencing the voting of certain shareholders. The case has been filed and is yet to be heard. The company stated that this lawsuit does not directly affect the current or future profits, and normal production and operations continue.

K-LinePoet

2026-03-29 02:17:36

Zhenxin Technology Announcement: Company shareholder and director of the sixth board, Mo Ran, has filed a lawsuit with the People’s Court of Chengdu High-tech Industrial Development Zone regarding the resolution of the temporary shareholders’ meeting on February 12, 2026, requesting confirmation that the resolution is invalid. The plaintiff believes that the resolution involves circumstances such as the nominator harming the interests of other shareholders of the controlling shareholder, some of the nominees possibly not qualifying as directors, and the controlling shareholder influencing the voting of certain shareholders. The case has been filed and has not yet gone to court. The company stated that this lawsuit does not directly affect the profits of this period or future periods, and production and operations are normal.

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