Sinohope Shareholders Approve Rebrand to Bitfire Group and Governance Changes

New Huo Technology Holdings Limited ( (HK:1611) ) has shared an update.

Shareholders of Sinohope Technology Holdings Limited have overwhelmingly approved a change of corporate name to Bitfire Group Holdings Limited, along with an updated dual Chinese name, at an extraordinary general meeting held in Hong Kong on 27 February 2026. The resolutions passed with 100% of votes cast in favour, reflecting unified shareholder support for the rebranding.

Investors also backed amendments to the company’s memorandum and articles of association, granting directors authority to implement these structural changes. The approvals signal a formal shift in the group’s corporate identity and governance framework, potentially paving the way for a refreshed market positioning and strategic direction under the Bitfire Group brand.

The most recent analyst rating on (HK:1611) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on New Huo Technology Holdings Limited stock, see the HK:1611 Stock Forecast page.

More about New Huo Technology Holdings Limited

Sinohope Technology Holdings Limited, soon to be renamed Bitfire Group Holdings Limited, is a Hong Kong-listed company incorporated in the British Virgin Islands and traded under stock code 1611. It operates within the technology sector and is positioned as a holding company, with its shareholder base comprising over 752 million issued shares eligible to vote on corporate changes.

Average Trading Volume: 1,635,978

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.72B

Find detailed analytics on 1611 stock on TipRanks’ Stock Analysis page.