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Nano Labs Announces Results of Extraordinary General Meeting

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Nano Labs (Nasdaq: NA), a leading Chinese fabless integrated circuit design company, held an extraordinary general meeting on March 7, 2025 where shareholders approved significant corporate changes. The meeting resulted in three key resolutions: an increase in the company's share capital, doubling of Class B ordinary shares voting power from 15 to 30 votes per share, and the adoption of The Fifth Amended and Restated Memorandum and Articles of Association.

Nano Labs (Nasdaq: NA), una delle principali aziende cinesi di design di circuiti integrati senza fabbrica, ha tenuto un'assemblea generale straordinaria il 7 marzo 2025, durante la quale gli azionisti hanno approvato importanti cambiamenti aziendali. L'incontro ha portato a tre risoluzioni chiave: un aumento del capitale sociale dell'azienda, il raddoppio del potere di voto delle azioni ordinarie di Classe B da 15 a 30 voti per azione e l'adozione del Quinto Memorandum e Statuto modificato e riformulato.

Nano Labs (Nasdaq: NA), una destacada empresa china de diseño de circuitos integrados sin fábrica, celebró una reunión general extraordinaria el 7 de marzo de 2025, donde los accionistas aprobaron cambios corporativos significativos. La reunión resultó en tres resoluciones clave: un aumento en el capital social de la empresa, la duplicación del poder de voto de las acciones ordinarias de Clase B de 15 a 30 votos por acción, y la adopción del Quinto Memorando y Estatutos enmendados y reformulados.

나노랩스 (Nasdaq: NA), 중국의 선도적인 팹리스 집적 회로 설계 회사가 2025년 3월 7일에 주주총회를 개최하여 중요한 기업 변경 사항을 승인했습니다. 회의에서는 세 가지 주요 결의안이 통과되었습니다: 회사의 자본금 증가, B 클래스 보통주의 의결권을 주당 15표에서 30표로 두 배로 늘리는 것, 그리고 제5차 수정 및 재작성된 정관의 채택입니다.

Nano Labs (Nasdaq: NA), une entreprise chinoise de conception de circuits intégrés sans usine, a tenu une assemblée générale extraordinaire le 7 mars 2025, au cours de laquelle les actionnaires ont approuvé des changements d'entreprise significatifs. La réunion a abouti à trois résolutions clés : une augmentation du capital social de l'entreprise, le doublement du pouvoir de vote des actions ordinaires de Classe B de 15 à 30 voix par action, et l'adoption du Cinquième Mémoire et Statuts modifiés et révisés.

Nano Labs (Nasdaq: NA), ein führendes chinesisches Unternehmen für die Design von integrierten Schaltkreisen ohne eigene Fertigung, hielt am 7. März 2025 eine außerordentliche Hauptversammlung ab, bei der die Aktionäre bedeutende Unternehmensänderungen genehmigten. Die Sitzung führte zu drei wichtigen Beschlüssen: einer Erhöhung des Aktienkapitals des Unternehmens, der Verdopplung der Stimmrechte der Klasse B Stammaktien von 15 auf 30 Stimmen pro Aktie und der Annahme des Fünften geänderten und neu gefassten Gesellschaftsvertrags und der Satzung.

Positive
  • None.
Negative
  • Doubled Class B share voting rights dilutes voting power of regular shareholders
  • Increased share capital may lead to potential dilution

HONG KONG, March 7, 2025 /PRNewswire/ -- Nano Labs Ltd (Nasdaq: NA) ("we," the "Company" or "Nano Labs"), a leading fabless integrated circuit design company and product solution provider in China, today announced that it held an extraordinary general meeting of shareholders on March 7, 2025. At the meeting, the shareholders resolved by ordinary resolutions to increase the share capital of the Company, and by special resolutions (1) to increase the votes per Class B ordinary share of the Company from 15 to 30, and (2) to adopt The Fifth Amended and Restated Memorandum and Articles of Association.

About Nano Labs Ltd

Nano Labs Ltd is a leading fabless integrated circuit ("IC") design company and product solution provider in China. Nano Labs is committed to the development of high throughput computing ("HTC") chips, high performance computing ("HPC") chips, distributed computing and storage solutions, smart network interface cards ("NICs") vision computing chips and distributed rendering. Nano Labs has built a comprehensive flow processing unit ("FPU") architecture which offers solution that integrates the features of both HTC and HPC. Nano Lab's Cuckoo series are one of the first near-memory HTC chips available in the market*. For more information, please visit the Company's website at: ir.nano.cn.

*

According to an industry report prepared by Frost & Sullivan.

For investor inquiries, please contact:

Nano Labs Ltd
ir@nano.cn

Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/nano-labs-announces-results-of-extraordinary-general-meeting-302395612.html

SOURCE Nano Labs Ltd

FAQ

What changes were approved at Nano Labs (NA) extraordinary general meeting on March 7, 2025?

Shareholders approved three changes: increased share capital, doubled Class B share voting rights from 15 to 30 votes per share, and adopted new Articles of Association.

How did the voting power of Nano Labs (NA) Class B shares change in March 2025?

Class B ordinary shares' voting power doubled from 15 to 30 votes per share.

What corporate governance changes did Nano Labs (NA) implement in March 2025?

The company adopted The Fifth Amended and Restated Memorandum and Articles of Association and modified share capital structure.

What impact will the increased Class B voting rights have on Nano Labs (NA) shareholders?

The change gives Class B shareholders significantly more voting power, potentially reducing Class A shareholders' influence in corporate decisions.
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