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Hi Sun Technology (China) Limited ( (HK:0818) ) has shared an announcement.
Hi Sun Technology (China) Limited reported that all resolutions at its 20 May 2026 annual general meeting were passed by poll, with all directors in attendance and shareholders approving the audited financial statements for 2025 and the re-election of four directors. Shareholders also authorised the board to set directors’ remuneration and reappointed PricewaterhouseCoopers as auditor, underscoring continuity in governance and oversight.
Investors granted the board general mandates to issue up to 20% additional shares, repurchase up to 10% of issued shares, and extend the issuance mandate by the amount repurchased, despite notable minority opposition to the share issuance-related resolutions. The broad approval of these mandates increases the company’s capital-raising and capital-management flexibility, potentially affecting future share dilution, buybacks, and overall corporate strategy for existing shareholders.
More about Hi Sun Technology (China) Limited
Hi Sun Technology (China) Limited is a Bermuda-incorporated company listed in Hong Kong, operating in the technology sector. The company is governed by a board comprising five executive directors and three independent non-executive directors, reflecting a typical governance structure for a listed technology firm focused on the China market.
Average Trading Volume: 1,014,367
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$1.17B
Learn more about 0818 stock on TipRanks’ Stock Analysis page.