Ping An Biomedical AGM Approves All Resolutions, Clearing Path for Restructured Share Capital

Ping An Biomedical Co. has secured shareholder approval for a restructuring of its share capital, introducing high-vote Class B shares, a targeted share exchange with major shareholder INSPIRETECH, and a large-scale share consolidation. The authorized share capital has been increased, existing shares have been reclassified as Class A shares, and a new Class B share class has been created with enhanced voting rights. The restructuring aims to strengthen the company's capital structure and enhance shareholder value.