Company: XHG
Filing Date: 2025-01-22
Form Type: 20-F
Source: 0001213900-25-005499
Chunk: 61

Company: XChange TEC.INC
Filing Date: 2025-01-22
Form: 20-F
Item: Item 3
Chunk 61
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 meetings of our shareholders or to cast any votes at such meetings. You will only be able to exercise
the voting rights which attach to the underlying ordinary shares which are represented by your ADSs indirectly by giving voting instructions
to the depositary in accordance with the provisions of the deposit agreement. Under the deposit agreement, you may vote only by giving
voting instructions to the depositary, as the holder of the underlying ordinary shares which are represented by your ADSs. If we ask
for your instructions, upon receipt of your voting instructions, the depositary will endeavor to vote the underlying ordinary shares
in accordance with your instructions. You will not be able to directly exercise any right to vote with respect to the underlying ordinary
shares unless you withdraw the shares and become the registered holder of such shares prior to the record date for the general meeting.
Under our current memorandum and articles of association, the minimum notice period required to be given by our company to our registered
shareholders for convening a general meeting is ten (10) days. When a general meeting is convened, you may not receive sufficient advance
notice to enable you to withdraw the underlying shares which are represented by your ADSs and become the registered holder of such shares
prior to the record date for the general meeting to allow you to attend the general meeting or to vote directly with respect to any specific
matter or resolution which is to be considered and voted upon at the general meeting. In addition, under our current memorandum and articles
of association, for the purposes of determining those shareholders who are entitled to attend and vote at any general meeting, our directors
may close our register of members and/or fix in advance a record date for such meeting, and such closure of our register of members or
the setting of such a record date may prevent you from withdrawing the underlying shares represented by your ADSs and becoming the registered
holder of such shares prior to the record date, so that you would not be able to attend the general meeting or to vote directly. Where
any matter is to be put to a vote at a general meeting, the depositary will, if we request, and subject to the terms of the deposit agreement,
endeavor to notify you of the upcoming vote and to deliver our voting materials to you. We cannot assure you that you will receive the
voting materials in time to ensure that you can instruct the depositary to vote the underlying shares which are represented by your ADSs.
In addition, the depositary and its agents are not responsible for failing to carry