CCSC Technology International hosts shareholder annual general meeting, Class A special meeting
CCTG•Shareholders approve capital and governance changes
CCSC Technology International Holdings held its annual shareholder meeting on Sept. 1, 2026.
Shareholders backed changes to authorized share capital, lifting it to USD 5 million from USD 250,000.
Investors authorized a potential 1-for-20 share consolidation, conditional on the Class A closing price falling below USD 1 within one year.
Approval was granted for asset acquisitions with aggregate consideration capped at USD 50 million; transactions were authorized but not announced.
Charter amendments were adopted to raise Class B voting power to 150 votes per share; Class A holders also passed the required special resolution.
