Company: XHG
Filing Date: 2025-09-09
Form Type: F-3
Source: 0001213900-25-086186
Chunk: 52

Company: XChange TEC.INC
Filing Date: 2025-09-09
Form: F-3
Chunk 52
---
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 present in person (or being a corporation, is present by a duly authorized representative),
or by proxy(ies) shall have ten (10) votes, provided that, notwithstanding anything contained in our existing articles of association,
where more than one proxy is appointed by a shareholder which is a clearing house or a central depository house (or its nominee(s)), each
such proxy shall have one vote on a show of hands. For the purposes of our existing articles of association, procedural and administrative
matters are those that (i) are not on the agenda of the general meeting or in any supplementary circular that may be issued by us to the
shareholders; and (ii) relate to the chairman’s duties to maintain the orderly conduct of the meeting and/or allow the business
of the meeting to be properly and effectively dealt with, whilst allowing all shareholders a reasonable opportunity to express their views.

An ordinary resolution to be passed at a meeting
by the shareholders requires the affirmative vote of a simple majority of the votes attaching to the shares cast at a meeting, while a
special resolution requires the affirmative vote of no less than two-thirds of the votes attaching to the shares cast at a meeting. A
special resolution will be required for important