Beijing Xunzhong Communication Technology Co., Ltd. (2597) released a circular dated 6 February 2026 announcing several proposals to be decided upon at an Extraordinary General Meeting (EGM) scheduled for 20 March 2026.
According to the circular, the company intends to amend its Articles of Association to broaden its business scope. It also plans to seek approval to delist its Domestic Shares from the National Equities Exchange and Quotations (NEEQ), subject to relevant regulatory consents. An authorization will be proposed for the board to handle all necessary procedures related to the delisting.
Additionally, protective measures will be offered to safeguard the interests of any dissenting Domestic Shareholders, including a share repurchase mechanism. The company also proposes to terminate its previous plan for a public offering of shares on the Beijing Stock Exchange.
The EGM is set to convene at 10:00 a.m. on 20 March 2026 in Beijing, where shareholders will vote on all listed resolutions. Shareholders are advised to review the official documentation for further details on attendance requirements and proxy arrangements.