Smart Share Global Receives Shareholder Approval for Merger Agreement

Smart Share Global Limited, a consumer tech company, announced that its shareholders approved the merger agreement with Mobile Charging Group Holdings Limited. Approximately 79% of the company's total outstanding ordinary shares voted in favor of the proposal, with 92.8% of the total votes cast approving the merger. The completion of the merger is subject to the satisfaction of conditions set forth in the agreement, and if consummated, the company will become privately held and its ADSs will no longer be listed on any securities exchange.