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Beijing Xunzhong Communication Technology Co., Ltd. Class H ( (HK:2597) ) has provided an announcement.
Beijing Xunzhong Communication Technology Co., Ltd. reported the poll results of its extraordinary general meeting held in Beijing on March 20, 2026, where shareholders representing about 59.68% of voting shares were present. All board members attended, and the meeting was conducted in compliance with PRC company law and the company’s articles of association.
Shareholders approved five special resolutions with more than a two‑thirds majority, including amendments to the articles of association, delisting of domestic shares from the NEEQ, board authorization to handle the delisting process, protective measures for dissenting domestic shareholders, and termination of a proposed A‑share offering. These decisions signal a strategic shift in the company’s capital market structure and listing footprint, with implications for domestic investors and the future configuration of its financing channels.
More about Beijing Xunzhong Communication Technology Co., Ltd. Class H
Beijing Xunzhong Communication Technology Co., Ltd. is a PRC-incorporated joint stock company listed in Hong Kong under stock code 2597, engaged in the communications technology sector. Its share capital comprises domestic shares and H shares, with a shareholder base that includes both onshore and offshore investors participating in corporate governance through general meetings.
Average Trading Volume: 60,785
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$3.9B
See more insights into 2597 stock on TipRanks’ Stock Analysis page.