FS.COM Limited Implements Electronic Dissemination of Corporate Communications: Key Details for Investors

Overview

FS.COM Limited (Stock Code: 3355), a joint stock company incorporated in the People’s Republic of China, has announced a significant change in the way it communicates with its shareholders. Pursuant to Rule 2.07A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”), the company is adopting an electronic dissemination arrangement for all future corporate communications.

Key Points for Shareholders

• No more printed copies by default: Non-registered shareholders will no longer automatically receive printed versions of corporate communications. Instead, all future documents will be made available electronically on the company’s website (www.fs.com) and the Hong Kong Stock Exchange website (www.hkexnews.hk).
• No notification of new documents: The company will not send out notifications of new electronic publications to non-registered shareholders. It is the responsibility of shareholders to proactively monitor the company’s and the Stock Exchange’s websites for new releases.
• Printed copies available on request: Shareholders who wish to continue receiving printed versions must submit a formal request by completing and returning a Request Form to Tricor Investor Services Limited or by emailing [email protected]. The printed copy request will remain valid until the end of the next financial year unless revoked or superseded.
• Scope of “Corporate Communications”: This includes, but is not limited to, directors’ reports, annual and interim accounts (and summaries thereof), meeting notices, listing documents, circulars, and proxy forms.
• Contact Information: For inquiries, shareholders can call the H Share Registrar’s hotline at (852) 2980 1333, Monday to Friday, 9:00 a.m.–6:00 p.m. (excluding public holidays), or email [email protected].
• Personal Data Protection: Any personal data provided in the process will be protected in accordance with the Personal Data (Privacy) Ordinance, Cap. 486. Shareholders have the right to access and correct their data by contacting the Data Privacy Officer at Tricor Investor Services Limited.

Potential Impact and Considerations for Investors

• Cost Savings: This transition to electronic communications is likely to result in administrative and printing cost reductions for FS.COM Limited. Over time, this may have a positive impact on the company’s profitability margins.
• Corporate Governance and Transparency: The move aligns with global trends towards sustainability, digitalization, and improved access to information, reflecting positively on the company’s corporate governance and environmental responsibility.
• Potential Risks: Some shareholders may miss important communications if they do not actively monitor the company’s website, which could lead to reduced engagement or missed voting opportunities. This could have implications for corporate decisions if shareholder participation diminishes.
• Shareholder Actions Required: Investors who prefer printed documents must take proactive steps to ensure they continue to receive critical information, which could affect their ability to respond promptly to corporate actions, financial reports, or other significant events.

Instructions for Shareholders Requesting Printed Copies

1. Fill out the provided Request Form, indicating the language of choice (English, Chinese, or both).
2. Return the form to Tricor Investor Services Limited, 17/F, Far East Finance Centre, 16 Harcourt Road, Hong Kong, or send a request by email to [email protected].
3. Requests are valid until the end of the next financial year unless canceled or renewed in writing.

Conclusion

While the implementation of electronic dissemination of corporate communications is a procedural change, it reflects FS.COM Limited’s commitment to sustainability, efficiency, and modernization. Shareholders are advised to stay vigilant regarding company updates to ensure they remain informed and responsive to corporate developments.

Disclaimer

This article is for informational purposes only and does not constitute investment advice. Investors should consult their financial advisors or conduct their own due diligence before making investment decisions. FS.COM Limited’s actual future performance may differ from the implications suggested by this announcement.

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