Smart Logistics Global Limited shareholders approved all proposed resolutions at the annual general meeting on July 10, 2026. The company will implement a capital reorganization to introduce a dual-class share structure.
Authorized shares now consist of Class A and Class B designations. Class A shares carry one vote each. Class B shares carry 50 votes each.
ASL Ventures Limited will convert 20 million shares into the high-vote Class B category. This conversion significantly increases the firm's voting power relative to its economic stake.
Shareholders also re-elected five directors to the board. The meeting concluded with the ratification of the company's independent auditor.