Beijing Xunzhong Seeks to Broaden Scope With Category 1 Value-Added Telecom Licence
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Beijing Xunzhong Communication Technology Co., Ltd. (HK:2597) plans to amend its articles of association to include category 1 value-added telecommunications services, expanding its business scope beyond category 2 services. The board approved this proposal on February 6, 2026, and will seek shareholder approval at the first extraordinary general meeting of 2026. This move aims to enhance the company's strategic positioning in the telecommunications market, pending regulatory approvals in China. The company specializes in various technology services and has a current market cap of HK$1.85 billion.
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