In July 2025, Ms. Junli Yang, Chairwoman of TOP Financial Group Limited, consolidated her voting power to 94.86%. This was achieved through the conversion of Class A to Class B Ordinary Shares. This action centralizes control over the company's strategic direction.
The consolidation of voting power by the Chairwoman is a significant development in the company's corporate governance structure. This move could streamline decision-making processes and provide a unified vision for the company's future strategic initiatives.
This change in share structure impacts the distribution of voting rights among shareholders. The increased control by Ms. Junli Yang aligns with the company's ongoing reorientation towards geographic diversification and expanded service offerings.
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