AI X Tech Wins Unanimous Shareholder Backing to Drop Chinese Name

Cheshi Technology Inc. ( (HK:1490) ) has shared an announcement.

AI X Tech Inc. shareholders approved a special resolution at an extraordinary general meeting on March 27, 2026, to remove the company’s dual foreign Chinese name, with the measure passing by poll with 100% of the 852,508,000 votes cast in favor. The vote, conducted without opposition or required abstentions among eligible shareholders and overseen by Computershare Hong Kong Investor Services as scrutineer, streamlines the company’s legal identity and may simplify its corporate administration and market presentation while confirming strong alignment between management and investors.

Of the 1,234,600,000 issued shares, 1,109,692,000 were entitled to vote after excluding award scheme shares required to abstain under Hong Kong listing rules, and there were no treasury shares or repurchased shares affecting the count. All directors attended the meeting in person or electronically, underscoring board engagement as the company executes this narrow but symbolically significant adjustment to its corporate structure.

The most recent analyst rating on (HK:1490) stock is a Hold with a HK$0.22 price target. To see the full list of analyst forecasts on Cheshi Technology Inc. stock, see the HK:1490 Stock Forecast page.

More about Cheshi Technology Inc.

AI X Tech Inc., incorporated in the Cayman Islands and listed in Hong Kong under stock code 1490, operates in the technology sector with a focus suggested by its branding on artificial intelligence and related digital solutions. The company is governed by a board comprising executive and independent non-executive directors and maintains a shareholder base large enough to require formal poll-based voting at general meetings.

Average Trading Volume: 657,034

Technical Sentiment Signal: Buy

Current Market Cap: HK$287.5M

For an in-depth examination of 1490 stock, go to TipRanks’ Overview page.