According to Zhito Finance APP, Ocean Star Tech (08297) issued an announcement, the company suggests changing its English name from 'Ocean Star Technology Group Limited' to 'Hainan Zhongchen Xiangxi Gold Jewelry Company Limited', and adopting '海南中辰翔玺黄金珠宝有限公司' as the company's Chinese dual foreign name, replacing '海纳星空科技集团有限公司' (suggested change of company name).

The board of directors believes that the proposed change of the company name will provide the company with a new corporate image, thereby benefiting the future development of the company's business. Therefore, the board of directors believes that the proposed change of the company name will be in the overall best interests of the company and the shareholders.