Summary by Futu AI
Santech Holdings Limited, formerly Hywin Holdings Ltd., announced the results of its extraordinary general meeting held on July 17, 2024 in Hong Kong. Shareholders approved the company's name change from Hywin Holdings Ltd. to Santech Holdings Limited, along with the adoption of a new Chinese name 三合智能控股有限公司 as its dual foreign name.The meeting also approved amendments to the company's memorandum and articles of association, including changes to reflect the new name, modifications to director appointment and removal procedures, and an exemption from holding annual general meetings. Additionally, the company's ticker symbol on NASDAQ will change from "HYW" to "STEC".Santech, previously focused on financial services and health management for high-net-worth clients in China, has exited its historical businesses and is now exploring innovative opportunities in technology, including new retail, social e-commerce, and metaverse applications.