Summary by Futu AI
At the Extraordinary General Meeting held on 28 March 2024, Hong Kong Technology Exploration Limited's two ordinary resolutions were not approved by independent shareholders. The first resolution concerns the granting of 500,000 share options to the Company's Chairman, Executive Director and Major Shareholder Mr. Chang Zijin, and the second resolution concerns the granting of 1 million share options to the Vice Chairman, Executive Director, Group Chief Executive Officer and Major Shareholder Mr. Wang Viki. Both resolutions had more than 93% of the votes against and therefore failed to pass. Mr. Zhang Zijian and Mr. Wang Waiki, as well as related contacts and core associates of the company, waived their voting rights, representing approximately 45.75% of the total issued shares of the Company. On the day of the Extraordinary General Meeting, approximately 54.25% of the issued shares granted voting rights to independent shareholders. All board members attended the meeting.