• Cheetah Net urged shareholders to reject Takeover Time 2026's campaign to replace its entire five-member board ahead of the December 3, 2026 annual meeting.
• Takeover Time seeks control through written consents, citing dilution, financial-reporting weaknesses and concerns over capital allocation.
• The board unanimously opposes the campaign, arguing wholesale replacement risks disrupting oversight without a credible alternative strategy.
• The proposals require 1,426,229 votes, including voting power from a contested October issuance of 100,000 Class B Common Stock shares to Huan Liu.
• A court order excluding those shares would lower the threshold to 676,229 votes; the board replacement could take effect before the meeting.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cheetah Net Supply Chain Service Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-126566), on November 13, 2026, and is solely responsible for the information contained therein.