Smart Logistics Global Limited shareholders approved all proposals at the annual general meeting on July 10, 2026. The company adopted a dual-class share structure to overhaul its corporate governance and voting dynamics.
The new structure re-designates authorized shares into Class A and Class B categories. Class A shares carry one vote per share. Class B shares grant 50 votes per share.
ASL Ventures Limited converted 20 million shares into the high-vote Class B shares. This conversion concentrates significant voting control within the entity.
Class A shares began trading on the Nasdaq under the existing SLGB ticker on July 10, 2026.