Top KingWin ( (DPU) ) has provided an update.

At an extraordinary general meeting held on August 31, 2026, Top KingWin shareholders approved a substantial increase in authorized share capital to US$625 million, creating billions of additional Class A and Class B shares, and later authorized a technical reduction of authorized capital to US$10,000 by sharply lowering par value and reorganizing the capital structure. Investors also backed changes to the company name to Nexpu Ltd., adopted new and restated memoranda and articles to reflect the restructuring, and endorsed a major enhancement of Class B super-voting rights and convertibility, moves that significantly entrench control holders and give the company greater flexibility for future financing and balance-sheet management.

The meeting further approved variations to Class B share rights, raising voting power per Class B share from 40 to 200 votes, allowing transfers without automatic conversion, and permitting conversion into Class A shares on a 1:200 basis, while retaining the one-vote-per-share structure for Class A. Collectively, these measures reshape the company’s capital and governance profile, strengthening the influence of Class B shareholders and potentially affecting future dilution, control dynamics and corporate actions for existing and prospective investors.