Business Context and Reporting Period
This Form 6-K filing by Leishen Energy Holding Co., Ltd. reports the results of an Extraordinary General Meeting (EGM) of Shareholders held on November 27, 2025, in Beijing, China. The filing date is December 3, 2025. The record date for the meeting was October 17, 2025, with 17,025,000 Ordinary Shares outstanding and entitled to vote.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance actions regarding share capital structure rather than financial performance.
Material Changes Versus Prior Period
The primary material change approved by shareholders is the establishment of a dual-class share capital structure. The authorized share capital was amended from 50,000,000 ordinary shares to a total of 500,000,000 shares divided into two classes:
- Class A Ordinary Shares: 467,290,000 shares with one (1) vote per share.
- Class B Ordinary Shares: 32,710,000 shares with twenty-five (25) votes per share.
Specifically, 12,710,000 existing shares held by Polar Energy Company Limited and WISE-POWER ENERGY SERVICES CO., LTD. were re-designated as Class B shares. Additionally, 20,000,000 authorized but unissued shares were designated as Class B shares.
Guidance, Outlook, and Management Commentary
The filing does not contain financial guidance, outlook, or management commentary regarding future business performance. The management action described is the amendment and restatement of the Memorandum and Articles of Association (M&A) to reflect the new dual-class structure and to allow the Board of Directors to determine that voting will be conducted by way of poll.
Important Facts for Investor Verification
- Voting Results: Proposal One (Dual Class Structure) was approved with 15,506,338 votes for, 13,497 against, and 80 abstentions. Proposal Two (Amended M&A) was approved with 15,558,263 votes for, 15,487 against, and 90 abstentions.
- Voting Power Concentration: Class B shares held by specific entities (Polar Energy and WISE-POWER) now carry 25 votes per share, significantly increasing their control relative to Class A shares.
- Capital Structure: The total authorized share count increased from 50,000,000 to 500,000,000 shares, though the par value remains US$0.001 per share.
- Corporate Governance: The amended M&A grants the Board discretion to conduct voting by poll.