EHGO · Eshallgo Inc. Class A Ordinary Shares

Eshallgo Inc filed a 6-K on April 24, 2026, announcing a series of proposals to be voted on at shareholder meetings scheduled for May 6, 2026. The most significant proposal is to increase the voting rights of each Class B Ordinary Share from 50 to 400 votes, which would dramatically concentrate voting power among Class B holders. Additionally, the company proposes to increase its authorized share capital from US$50,000 (31.25 million shares) to US$200,000,000 (125 billion shares), creating 112.47 billion new Class A and 12.50 billion new Class B shares. This massive capital increase could facilitate future equity issuances or acquisitions. The board also seeks authorization for share consolidations up to a 4000:1 ratio over two years, which could be used to maintain listing requirements or adjust share price. The proposals include amendments to the memorandum and articles of association. The board recommends voting 'FOR' all proposals. The outcome of these votes will significantly impact the company's capital structure and governance.