Company: XHG
Filing Date: 2025-10-29
Form Type: F-3/A
Source: 0001213900-25-103499
Chunk: 61

Company: XChange TEC.INC
Filing Date: 2025-10-29
Form: F-3/A
Chunk 61
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 Class A ordinary share at any time at the option of the holder thereof. Class A ordinary shares are not convertible into Class B ordinary
shares under any circumstances. Upon any transfer of Class B ordinary shares by a holder to any person or entity which is not an affiliate
of such holder, such Class B ordinary shares shall be automatically and immediately converted into the equivalent number of Class A ordinary
shares.

Dividends

The holders of our ordinary shares are entitled
to such dividends as may be declared by our board of directors. Our existing articles of association provide that dividends may be declared
and paid out of our profits, realized or unrealized, or from any reserve set aside from profits which our board of directors determine
is no longer needed. Dividends may also be declared and paid out of share premium account or any other fund or account which can be authorized
for this purpose in accordance with the Companies Act (As Revised), as amended and revised of the Cayman Islands.

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Voting Rights

Holders of our ordinary shares have the right
to receive notice of, attend, speak and vote at general meetings of our company. Except as required by applicable law and subject to the
existing articles of association, holders of Class A ordinary shares and Class B ordinary shares shall at all times vote together as one
class on all matters submitted to a vote of the shareholders.

At any general meeting on a poll, every shareholder
holding Class A ordinary shares present in person or by proxy or, in the case of a shareholder being a corporation, by its duly authorized
representative shall have one (1) vote for every fully paid Class A ordinary share of which he is the holder; and every shareholder holding
Class B ordinary shares present in person or by proxy or, in the case of a shareholder being a corporation, by its duly authorized representative
shall have ten (10) votes for every fully paid Class B ordinary share of which he is the holder.

A resolution put to the vote of a meeting shall
be decided by way of a poll save that the chairman of the meeting may in good faith, allow a resolution which relates purely to a procedural
or administrative matter to be voted on by a show of hands in which case (i) every shareholder holding Class A ordinary shares present
in person (or being a corporation, is present by a duly authorized representative), or by proxy(ies) shall have one (1) vote, and (ii)
every shareholder holding Class B ordinary shares