Zhenxin Technology: Shareholder Mo Ran files a lawsuit against the company, the resolution of the shareholder meeting on February 12, 2026 takes effect.

date
11/03/2026
Announcement from Zhenxin Technology: Due to issues arising from the resolution passed during the extraordinary shareholders' meeting on February 12, 2026, the company's shareholder and director of the sixth board of directors, Mo Ran, has filed a lawsuit with the Chengdu High-Tech Industrial Development Zone People's Court to declare the resolution invalid. The plaintiff believes that the resolution may have harmed the interests of other shareholders, that some of the nominated individuals may not be qualified as directors, and that the controlling shareholder may have influenced some shareholders' votes. The case has been filed and has not yet been heard in court. The company stated that this lawsuit does not directly impact current or future profits, and that production and operation are proceeding normally.