Gelonghui, December 18 | Feitian Yundong (06610.HK) announced that on December 13, 2021, Wang Lei and Li Yanhao signed a concerted action agreement. According to this, Mr. Wang and Mr. Li confirmed (among others) that they have been shareholders and/or beneficial owners of Beijing Pocket Feitian Technology Co., Ltd. (“Pocket Feitian Technology”) or any member company of the Group, they have always cooperated and acted in concert on matters relating to Pocket Feitian Technology, and will continue to act in this way until its expiration, after signing the concerted actors agreement, and will continue to act in this way until its expiration, and will continue to act in this way until the end of their term Any significant matters and decisions relating to the business of the Company and related member companies of the Group are unanimously agreed upon, approved or rejected.
Since Li Yanhao wanted to spend more time on other matters, he has resigned as the company's executive director, effective November 3, 2024. Therefore, on December 18, 2024, Wang Lei and Li Yanhao signed a termination agreement to terminate the concerted actors agreement, which took effect on December 18, 2024. The agreement also complies with the company's long-term development strategy and optimized decision-making procedures.
After signing the termination agreement, Wang Lei and Li Yanhao are no longer responsible (including) to act in concert, vote unanimously at board meetings or shareholders' meetings of any member company of the Group (if applicable), and are not considered to have interests in each other's share interests.
