super voting rights
-
Meituan: Wang Huiwen has been transferred from executive director to non-executive director
According to reports, Meituan issued a notice stating that Wang Huiwen had been transferred from executive director to non-executive director due to his desire to devote more time to other commercial and personal affairs, with effect from March 25. After his transfer, Wang Huiwen will relinquish his super voting rights and gradually convert all of his Class A ordinary shares of the company into Class B ordinary shares of the company based on the conversion of one Class A share into one Class B share. Interpretation of this information: Meituan,…