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Beijing Xunzhong Communication Technology Co., Ltd. Class H ( (HK:2597) ) has provided an announcement.
Beijing Xunzhong Communication Technology Co., Ltd. plans to amend its articles of association to expand its registered business scope to include category 1 value-added telecommunications services, in addition to its existing category 2 value-added telecommunications operations. The board approved the proposal on 6 February 2026 and will seek shareholder approval by special resolution at the first extraordinary general meeting of 2026, a move that, if passed, could broaden the company’s addressable telecommunications market and enhance its strategic positioning in higher-value telecom service segments subject to regulatory approvals in China.
More about Beijing Xunzhong Communication Technology Co., Ltd. Class H
Beijing Xunzhong Communication Technology Co., Ltd. is a PRC-incorporated communications technology company whose business spans technical services, technology development and consulting, IoT applications and R&D, internet security services, cloud-based business outsourcing, and sales of electronic products and related hardware and software, primarily serving enterprise and public-utility customers in China.
Average Trading Volume: 56,607
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$1.85B
See more insights into 2597 stock on TipRanks’ Stock Analysis page.