Business Context and Reporting Period
This Form 6-K filing reports the results of the Annual General Meeting (AGM) of TuanChe Limited (now Token Cat Limited) held on February 10, 2025. The meeting took place in Beijing, China, with a record date of January 10, 2025. Shareholders representing approximately 61.44% of the total votes were present, constituting a quorum.
Key Financial Metrics
The filing text does not provide specific financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on corporate governance actions and shareholder voting results.
Material Changes and Corporate Actions
- Corporate Name Change: Shareholders approved a special resolution to change the company name from "TuanChe Limited" to "Token Cat Limited."
- Capital Structure Increase: The authorized share capital was increased from US$100,000 (1 billion shares) to US$3,000,000 (30 billion shares). This includes the creation of 23.2 billion new Class A shares, 1.74 billion new Class B shares, and 4.06 billion shares of a class to be determined by the Board.
- Equity Incentive Plan: The 2024 Equity Incentive Plan was approved and adopted.
- Board Composition: Five directors (Wei Wen, Guangsheng Liu, Jintao Lin, Wentao Deng, and Yicheng Yang) were re-elected for terms until the next AGM.
- Accounting Firm: JWF Assurance PAC was ratified as the independent registered public accounting firm for the fiscal year ended December 31, 2024.
- Governing Documents: The Seventh Amended and Restated Memorandum and Articles of Association were amended and restated in their entirety.
Guidance, Outlook, and Risks
The filing does not contain management commentary, financial guidance, outlook, or specific risk factors. The document serves strictly as a record of the AGM resolutions.
Investor Verification Checklist
- Verify the effective date and regulatory approval for the name change to "Token Cat Limited."
- Confirm the impact of the 30x increase in authorized share capital on existing shareholder dilution and future issuance plans.
- Review the specific terms of the newly adopted 2024 Equity Incentive Plan.
- Examine the Eighth Amended and Restated Memorandum and Articles of Association (Exhibit 99.1) for changes to voting rights or corporate governance.
- Check subsequent filings for the first financial report under the new company name.