Cheer Holding, Inc. Announces Results of its Annual General Meeting

Core Insights - Cheer Holding, Inc. held its 2025 Annual General Meeting on May 12, 2025, in Beijing, where key decisions were made regarding board appointments, accounting firm ratification, and share structure adjustments [1] Group 1: Annual General Meeting Outcomes - Mr. Ke Chen was re-elected as a Class III director until the 2028 annual general meeting [1] - Enrome LLC was ratified as the independent registered public accounting firm for the financial year ending December 31, 2025 [1] - The number of authorized Class A ordinary shares was increased from 200 million to 500 million [1] - The board of directors was authorized to implement a share consolidation for Class A Shares at a ratio of 1-for-10, 1-for-25, or 1-for-50 [1] Group 2: Company Overview - Cheer Holding is a leading provider of next-generation mobile internet infrastructure and platform services in China, focusing on creating a digital ecosystem that integrates various technologies [2] - The company is developing a 5G+VR+AR+AI shared universe space utilizing advanced technologies such as blockchain and cloud computing [2] Group 3: Product and Service Portfolio - Cheer Holding's offerings include a diverse range of products and services such as CHEERS Telepathy, CHEERS Video, CHEERS e-Mall, and various AI-driven content [3] - The company's products aim to blend online/offline and virtual/reality elements, enhancing user engagement across different platforms [3] Group 4: Strategic Focus - The core of Cheer Holding's digital ecosystem is "CHEERS+", which emphasizes innovative product applications and technologies to drive sustainable growth [4]