Shiyuan Tech greenlights H-share issuance, Hong Kong listing

Guangzhou Shiyuan Electronic Technology (SZSE:002841) announced the successful passage of all resolutions at its 2024 Annual General Meeting, including the pivotal authorization for the company to issue H-shares and list on the Hong Kong Stock Exchange. The meeting, held on May 30, 2025, saw a robust shareholder turnout, with voting representation of 64.0643% of the company's shares. Key approvals included the 2024 Board of Directors and Supervisory Board work reports, financial statements, and profit distribution plan. Furthermore, shareholders approved the reappointment of the 2025 auditing firm, bank credit line applications, and the transition of the company type. Amendments to the articles of association and related regulations after the H-share offering were also approved, along with the engagement of the H-share issuance and listing audit firm.