Santech Holdings Ltd. Extraordinary General Meeting and ADR Facility Termination

Santech Holdings Ltd. held an Extraordinary General Meeting on December 19, 2025, where shareholders approved several key resolutions. These include changing the company's English name to BitVentures Limited, consolidating every 20 ordinary shares into one share, and increasing the authorized share capital. The company also announced the termination of its ADR facility with Deutsche Bank Trust Company Americas, effective December 29, 2025. Following this, Santech plans to list its ordinary shares on Nasdaq under the ticker "BVC", replacing its ADSs. There is, however, uncertainty regarding the exact timing and Nasdaq's approval for this substitution listing. The company also re-elected Lawrence Wai Lok, Wing To Howard Chan, and Fai Kam to its board of directors.