Changxin Technology plans to maintain a decentralized control structure even after its IPO on the STAR Market. The company's vice president and board secretary, Yuan Yuan, stated that post-listing, the top five shareholders will each hold less than 30% of the shares, with no single shareholder exceeding 50%. This structure, combined with a modern corporate governance framework, ensures that no single shareholder can control the majority of the board of directors. AI
RANK_REASON Company's post-IPO governance structure announcement. [lever_c_demoted from significant: ic=1 ai=0.0]
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