Huazhang Technology (1673) Announces EGM Results and Approves Restructuring Investment Agreement

Bulletin Express

02/27

Huazhang Technology Holding Limited (1673) held an Extraordinary General Meeting (EGM) on 27 February 2026, announcing that the sole ordinary resolution on a restructuring investment agreement dated 28 July 2025 was passed by poll. Approximately 729.19 million shares, representing 45.68% of the total issued shares of about 1.60 billion, voted in favor, with zero votes against.

The resolution pertains to Huazhang Technology’s participation in bankruptcy restructuring proceedings involving Baoshan Xingshengtai Paper Co., Ltd. The approved investment amount will not exceed RMB112.00 million. According to the announcement, no shareholders were required to abstain from voting, and the Company’s Hong Kong branch share registrar served as the scrutineer for the EGM poll.

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