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Leishen Energy Shareholders Back Board, Auditor and Tenfold Increase in Authorized Capital at 2026 AGM

Story Highlights
  • On January 29, 2026, shareholders reappointed Leishen Energy’s directors and added Bin Dong, affirming board continuity.
  • Investors overwhelmingly approved retaining Wei, Wei & Co. as auditor and raising authorized share capital tenfold without changing share rights.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Leishen Energy Shareholders Back Board, Auditor and Tenfold Increase in Authorized Capital at 2026 AGM

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Leishen Energy Holding Company Limited ( (LSE) ) has shared an announcement.

On January 29, 2026, Leishen Energy Holding Co., Ltd. held its Annual General Meeting of Shareholders in Beijing, where investors representing about 91% of the company’s voting power were present by proxy, underscoring strong shareholder engagement under its dual‑class structure. Shareholders overwhelmingly approved the reappointment of four incumbent directors—Hongqi Li, Hongliang Li, Lufeng Cheng and Jingping Sun—and the appointment of Bin Dong to the board, reinforcing continuity in the company’s leadership. They also ratified and reappointed Wei, Wei & Co., LLP as the independent registered public accounting firm for the fiscal years ending September 30, 2025 and 2026, signaling an intention to maintain stability in financial oversight. In a key governance and capital-structure move, shareholders passed a special resolution to adopt a Second Amended and Restated Memorandum and Articles of Association that increases authorized share capital from 50,000,000 to 500,000,000 shares without altering par value, issued share capital or existing share rights, correcting a prior technical error and giving the company significantly more headroom for future equity issuance while preserving current shareholder rights.

The most recent analyst rating on (LSE) stock is a Hold with a $5.50 price target. To see the full list of analyst forecasts on Leishen Energy Holding Company Limited stock, see the LSE Stock Forecast page.

Spark’s Take on LSE Stock

According to Spark, TipRanks’ AI Analyst, LSE is a Neutral.

Leishen Energy’s overall stock score is primarily supported by its strong financial performance, particularly in cash flow management and balance sheet strength. However, the technical analysis presents mixed signals, and the high P/E ratio indicates potential overvaluation, which tempers the overall score.

To see Spark’s full report on LSE stock, click here.

More about Leishen Energy Holding Company Limited

Leishen Energy Holding Co., Ltd. is a Cayman Islands–incorporated company with principal executive offices in Beijing, China, and is listed in the United States as a foreign private issuer. The company has a dual‑class share structure comprising Class A and high‑voting Class B ordinary shares, reflecting a governance model that concentrates voting power among key shareholders while accessing international capital markets.

Average Trading Volume: 4,835

Technical Sentiment Signal: Strong Sell

Current Market Cap: $86.83M

See more insights into LSE stock on TipRanks’ Stock Analysis page.

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