---
title: "Fibocom Shareholders Approve 2026 Employee Stock Ownership Plan at Extraordinary Meeting"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/277983745.md"
description: "Fibocom Wireless, Inc. announced that shareholders approved the 2026 Employee Stock Ownership Plan at its extraordinary general meeting, with 37% of voting shares represented. The meeting, held in Shenzhen, emphasized compliance and transparent governance, as insiders and certain shareholders abstained from voting. All resolutions were approved, with no amendments or new proposals. Fibocom, listed in Hong Kong, focuses on wireless communications and has a diverse shareholder base."
datetime: "2026-03-05T14:50:08.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/277983745.md)
  - [en](https://longbridge.com/en/news/277983745.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/277983745.md)
---

# Fibocom Shareholders Approve 2026 Employee Stock Ownership Plan at Extraordinary Meeting

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An announcement from Fibocom Wireless, Inc. Class H ( (HK:0638) ) is now available.

Fibocom Wireless Inc. announced that shareholders approved all resolutions at its first extraordinary general meeting of 2026, including the adoption and administration of the 2026 Employee Stock Ownership Plan and authorization for the board to handle related matters. The meeting, held in Shenzhen with about 37% of voting shares represented, saw interested insiders and certain shareholders abstain from voting on the plan in line with listing rules, reinforcing compliance standards and enabling the company to proceed with employee incentive measures.

The EGM was validly convened under PRC company law and the company’s articles, with no resolutions rejected, amended or newly proposed during the session. Broad board attendance, aside from one director absent for work reasons, alongside detailed disclosure of voting rights and treasury share treatment, underscores Fibocom’s emphasis on transparent governance as it implements the new stock ownership scheme for staff.

**More about Fibocom Wireless, Inc. Class H**

Fibocom Wireless Inc. is a joint stock company incorporated in the People’s Republic of China and listed in Hong Kong, engaging in the wireless communications sector. The company issues both A shares and H shares, with a significant base of domestic and international shareholders participating in its corporate governance.

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