Three proposals by CoreTech were rejected.

date
27/12/2025
On the evening of December 26th, Zhenxin Technology announced the resolutions of the first extraordinary general meeting of shareholders in 2025. Three proposals were rejected, with Guoteng Electronics voting against them because of restrictions on the rights of the controlling shareholders. Previously, Guoteng Electronics had proposed additional temporary motions which were also rejected. The atmosphere at the shareholders' meeting was calm, with both sides maintaining surface politeness but little communication. The core differences between the two parties remain unresolved, with Guoteng Electronics accusing the listed company of blocking their rights, while Zhenxin Technology's directors accuse the actual controller of impacting financing and intending to conduct a "major overhaul."