Company: XHG
Filing Date: 2025-09-09
Form Type: F-3
Source: 0001213900-25-086186
Chunk: 56

Company: XChange TEC.INC
Filing Date: 2025-09-09
Form: F-3
Chunk 56
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 divided into shares of such classes and amount, as the resolution shall prescribe; |

| ● | consolidate and divide all                                                           
 or any of our share capital into shares of a larger amount than our existing shares; |

| ● | sub-divide our existing shares,                    
 or any of them into shares of a smaller amount; or |

| ● | cancel any shares which, at                                                                                                             
 the date of the passing of the resolution, have not been taken or agreed to be taken by any person and diminish the amount of our share 
 capital by the amount of the shares so canceled.                                                                                        |

We may by special resolution, subject to any confirmation
or consent required by the Companies Act, reduce our share capital or any capital redemption reserve in any manner permitted by law.

Proceedings of the Directors

Our board of directors may meet for the dispatch
of business, adjourn and otherwise regulate its meetings as it considers appropriate. Questions arising at any meeting shall be determined
by a majority of votes, other than (i) any removal of any person as a director, or (ii) any appointment or removal of any person as the
chairman of our board of directors, or (iii) any removal of any person as chairman or other member of any committee of our board of directors
which, in each case, shall be determined by a resolution passed by a majority of not less than two-thirds of votes cast by such directors
as, being entitled so to do, vote at a meeting of our board of directors. In the case of any equality of votes, the chairman of the meeting
shall have an additional or casting vote. A meeting of our board of directors may be convened by (i) the chairman of our board of directors,
or (ii) a majority of the directors. Our secretary shall convene a meeting of our board of directors whenever so required to do by the
chairman of our board of directors or a majority of the directors by notice in writing to each director. A meeting of our board of directors
may be called by not less than two (2) clear days’ notice. A meeting of our board of directors may be called by shorter notice if
it is so agreed by all the directors entitled to attend and vote at such a meeting. Any notice of a meeting of our board of directors
shall (i) specify the time and place of the meeting, and (ii) set out in reasonable detail the nature of the business to be discussed
at the meeting. Notice may be given in writing