Ant Group, the parent company of Alipay, announced a series of reforms aimed at strengthening the company's governance structure earlier this year. The aim of these reform measures is to strengthen the long-term sustainability of the company and to ensure the modernization and internationalization of corporate governance. With the smooth adjustment of the voting rights structure of Ant Group's shareholders, the company will enter a new stage without actual controllers.
This adjustment is not only of great significance to the development of Ant Group itself, but also provides a useful reference for the healthy development of the entire industry. Overall, the change in the governance structure of Alipay and its parent company Ant Group is a reflection of the fintech industry's active response to national financial regulatory policies and active governance optimization in the context of the new era.
According to Alibaba Group's announcement on the Hong Kong Stock Exchange, the voting structure of Ant Group's major shareholders has changed. After the change, Jack Ma will no longer control the majority of the voting rights of Ant Group held by Junhan and Junao. Jun Han and Jun Ao will each be controlled by different GP entities, and none of these GP entities will be controlled by any single person. Alibaba Group's shareholding in Ant Group remains unchanged, and neither Alibaba Group nor any other shareholder controls Ant Group.
In addition, according to Ant Group's announcement on January 7, Jack Ma's voting rights have increased from 5346% to 62%。This adjustment of voting rights officially declares that Jack Ma is no longer the actual controller of Ant Group. At the heart of this adjustment is the change in the voting rights of major shareholders: from Jack Ma and his concerted actors jointly exercising their voting rights, to 10 natural persons, including Ant Group's management, employee representatives and founder Jack Ma, independently exercising their voting rights.
These reform measures and adjustments are not only responsible for the company's own development, but also responsible for the majority of users, investors and society. This is an important measure for Ant Group to actively embrace change and actively optimize governance in the context of the new era, and it is also an important development milestone for the fintech industry in the new era.