GoFintech Quantum Innovation Limited Announces Extraordinary General Meeting for Artwork Acquisition Approval
GoFintech Quantum Innovation Limited (formerly known as GoFintech Innovation Limited, Stock Code: 290) has issued a notice convening an Extraordinary General Meeting (EGM) for shareholders. The EGM is scheduled for Monday, 16 March 2026 at 11:00 a.m. at Units No. 4102-06, 41/F, COSCO Tower, 183 Queen’s Road Central, Hong Kong.
Key Points for Investors
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Artwork Acquisition Transactions: The meeting’s core agenda is the approval, confirmation, and ratification of the Artwork Acquisition Transactions. These transactions, as detailed in the company’s official circular dated 23 February 2026, involve significant asset purchases and related agreements. The checklist of these transactions has been formally presented to the EGM and signed for identification.
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Director Authorization: Shareholders are also asked to approve and ratify the directors’ authority to execute all documents, agreements, deeds, and take necessary actions to implement the Artwork Acquisition Transactions. This includes the discretion to agree to variations, amendments, or waivers deemed beneficial to the company and its shareholders.
Important Shareholder Information
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Proxy Voting: Shareholders unable to attend the EGM can appoint one or more proxies. A proxy does not need to be a member but must attend in person. Proxy forms must be deposited at Union Registrars Limited, Suites 3301-04, 33/F, Two Chinachem Exchange Square, 338 King’s Road, North Point, Hong Kong at least 48 hours before the EGM.
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Closure of Register: The register of members is closed from Wednesday, 11 March 2026 to Monday, 16 March 2026, inclusive. Share transfers must be lodged by 4:30 p.m. (Hong Kong time) on Tuesday, 10 March 2026 to qualify for voting rights at the EGM.
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Joint Shareholders: In case of joint holdings, the shareholder whose name appears first on the register will have sole voting rights if multiple holders are present.
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Poll Voting: All resolutions at the EGM will be conducted by poll, in accordance with Rule 13.39(4) of the Listing Rules.
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Weather Contingency: The EGM will be postponed if severe weather warnings (black rainstorm or tropical cyclone signal No. 8 or above, or “extreme conditions”) are in force at or after 8:00 a.m. on the date. Announcements regarding postponement and rescheduling will be made on the company’s website and HKEXnews.
Potential Price-Sensitive Information
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Artwork Acquisition Transactions: The approval of large-scale asset acquisitions, especially valuable artworks, can materially impact GoFintech’s balance sheet, asset base, and potentially its future earnings. Such acquisitions may signal a strategic shift or diversification, which could be price sensitive and affect share values depending on investor views regarding the risks and benefits.
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Director Discretion: The directors are granted broad authority to negotiate terms, make amendments, and act in the company’s interest, which introduces flexibility and potential uncertainty regarding the final form and impact of these transactions.
Board Composition
As of the notice date, the Board consists of:
- Ms. SUN Qing (Chairlady and Executive Director)
- Dr. NIE Riming (Non-Executive Director)
- Mr. LI Chunguang (Non-Executive Director)
- Mr. CHIU Kung Chik (Independent Non-Executive Director)
- Ms. LUI Mei Ka (Independent Non-Executive Director)
- Dr. LIANG Jinxiang (Independent Non-Executive Director)
Summary for Investors
The upcoming EGM represents a potentially significant event for GoFintech Quantum Innovation Limited. The approval of the Artwork Acquisition Transactions and the directors’ extended authority could lead to material changes in the company’s asset structure and strategic direction. Investors should actively monitor developments, assess the implications, and consider attending or voting by proxy, as these decisions may affect share prices and shareholder value.
Disclaimer: This article is prepared for informational purposes only and does not constitute investment advice. Investors should review the official documents and consult their financial advisors before making any investment decisions related to GoFintech Quantum Innovation Limited.
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