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Hitek Global (NASDAQ: HKIT) details 2026 AGM voting outcomes

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(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Hitek Global Inc. held its 2026 Annual General Meeting of shareholders on July 29, 2026 in Xiamen, China. Holders of Class A and Class B ordinary shares representing 123,638,194 votes, about 93.08% of the 132,835,587 votes entitled to be cast as of June 3, 2026, were present by proxy, establishing a quorum.

Shareholders voted on the election of five director nominees and several other matters. Director nominee Shenping Yin received 122,929,075 votes for, 43,849 against and 5,560 abstentions, and the other four nominees recorded very similar totals. Other agenda items also showed much higher votes for than against, including one matter with 123,586,555 votes for, 50,991 against and 648 abstentions.

Positive

  • None.

Negative

  • None.
Votes present 123,638,194 votes Votes represented by proxy at the 2026 Annual General Meeting
Votes entitled 132,835,587 votes Votes entitled to be cast as of the June 3, 2026 record date
Quorum percentage 93.08% Portion of entitled votes present at the 2026 Annual General Meeting
Shenping Yin for votes 122,929,075 votes Votes for director nominee Shenping Yin at the 2026 Annual General Meeting
Shenping Yin against votes 43,849 votes Votes against director nominee Shenping Yin at the 2026 Annual General Meeting
Agenda item high for votes 123,586,555 votes For votes on one of the shareholder matters reported in the meeting results
Annual General Meeting regulatory
"The 2026 Annual General Meeting of shareholders of Hitek Global Inc."
quorum regulatory
"Accordingly, a quorum was present at the Meeting."
A quorum is the minimum number of members needed to officially hold a meeting or make decisions. It ensures that decisions are made with enough participation to represent the group’s interests, much like a majority must be present for a vote to be valid. For investors, understanding quorum is important because it affects when and how important company or organization decisions can be legally made.
record date regulatory
"votes entitled to be cast as of the record date of June 3, 2026"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
Class A ordinary shares financial
"Holders of the Company’s Class A ordinary shares and Class B ordinary shares"
Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.
proxy regulatory
"votes were present by proxy at the Meeting"
A proxy is the authorization a shareholder gives to another person or document to cast votes on their behalf at a company meeting. Think of it like handing someone your voting ticket so they can represent your choices on board elections, executive pay, mergers and other big decisions; it matters because proxies determine who controls the company and which proposals pass, directly affecting share value and investor returns.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

When and where did Hitek Global Inc. (HKIT) hold its 2026 Annual General Meeting?
Hitek Global Inc. held its 2026 Annual General Meeting on July 29, 2026, at 9:00 p.m. Eastern time, at Unit 304, No. 30 Guanri Road, Siming District, Xiamen City, Fujian Province, People’s Republic of China.

What level of shareholder participation did Hitek Global (HKIT) achieve at the 2026 AGM?
Shareholders representing 123,638,194 votes, approximately 93.08% of the 132,835,587 votes entitled to be cast as of June 3, 2026, were present by proxy at the meeting, meaning a quorum was established for conducting business.

How did Hitek Global (HKIT) shareholders vote on the 2026 director nominees?
Each of the five director nominees received strong backing. For example, Shenping Yin received 122,929,075 votes for, 43,849 against and 5,560 abstentions, and the other nominees recorded similar for, against and abstain vote levels.

What was the record date for voting eligibility at Hitek Global (HKIT)’s 2026 AGM?
The record date for determining shareholders entitled to vote at Hitek Global Inc.’s 2026 Annual General Meeting was June 3, 2026. Votes entitled to be cast as of that date totaled 132,835,587 across the company’s Class A and Class B ordinary shares.

Were non-director matters also voted on at Hitek Global (HKIT)’s 2026 AGM?
Yes. In addition to electing five director nominees, shareholders voted on several other matters. Each reported item received far more votes for than against, including one matter with 123,586,555 votes for, 50,991 against and 648 abstentions.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of July 2026

 

Commission File Number: 001-39339

 

Hitek Global Inc.

(Exact name of registrant as specified in its charter)

 

Unit 304, No. 30 Guanri Road, Siming District
Xiamen City, Fujian Province, People’s Republic of China

(Address of Principal Executive Offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F ☒          Form 40-F ☐

 

 

 

 

Submission of Matters to a Vote of Security Holders.

 

The 2026 Annual General Meeting (the “Meeting”) of shareholders of Hitek Global Inc. (the “Company”) was held on July 29, 2026, at 9:00 p.m. Eastern time, at Unit 304, No. 30 Guanri Road, Siming District, Xiamen City, Fujian Province, People’s Republic of China. Holders of the Company’s Class A ordinary shares and Class B ordinary shares representing an aggregate of 123,638,194 votes were present by proxy at the Meeting, representing approximately 93.08% of the 132,835,587 votes entitled to be cast as of the record date of June 3, 2026. Accordingly, a quorum was present at the Meeting. The final results for each of the matters submitted to a vote of the Company’s shareholders at the Annual Meeting are as follows:

 

Proposals 1 through 5. The Company’s shareholders approved, as ordinary resolutions, the re-appointment of the following five (5) directors to the board of directors of the Company (the “Board”): Shenping Yin, Shuiqing Huang, Xiaoyang Huang, Weijun Wang, and Zizhao Zhang, each to hold office until the next annual general meeting or until his or her appointment is otherwise terminated in accordance with the Company’s memorandum and articles of association. The voting results for each director are summarized in the table below:

 

Director Nominee  Votes For   Votes Against   Votes Abstained
Shenping Yin   122,929,075    43,849   5,560
Shuiqing Huang   122,928,810    44,014   5,660
Xiaoyang Huang   122,928,980    43,844   5,660
Weijun Wang   122,928,811    44,013   5,660
Zizhao Zhang   122,928,982    43,842   5,660

 

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Proposal 6. The Company’s shareholders confirmed, ratified, and approved, as an ordinary resolution, the re-appointment of Wei, Wei & Co., LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. The voting results are summarized in the table below:

 

Votes For   Votes Against   Votes Abstained
122,927,674   45,800   5,010

 

Proposal 7. The Company’s shareholders approved, as an ordinary resolution, the amendment of the authorized share capital of the Company from US$316,000 divided into (i) 800,000 Class A Ordinary Shares of par value US$0.375 each, (ii) 150,000,000 Class B Ordinary Shares of par value US$0.0001 each and (iii) 10,000,000 preference shares of par value US$0.0001 each, to US$316,000 divided into (i) 3,000,000,000 Class A Ordinary Shares of par value US$0.0001 each, (ii) 150,000,000 Class B Ordinary Shares of par value US$0.0001 each and (iii) 10,000,000 preference shares of par value US$0.0001 each, by the subdivision of each Class A Ordinary share at a ratio of 1:3,750 resulting in the subdivision of 800,000 Class A Ordinary Shares of par value US$0.375 each into 3,000,000,000 Class A Ordinary Shares of par value US$0.0001 each. The voting results are summarized in the table below:

 

Votes For   Votes Against   Votes Abstained
122,913,576   64,473   434

 

Proposal 8. The Company’s shareholders authorized and approved, as an ordinary resolution and subject to the approval and effectiveness of Proposal No. 7, the Board to implement one or more consolidations of the Company’s issued and unissued Class A Ordinary Shares, par value US$0.0001 each, at such future time or times within two years following the date of the Meeting and at such ratio or ratios as determined by the Board in its sole discretion, provided that the aggregate cumulative ratio of all such consolidations shall not exceed 1-for-6,000. The voting results are summarized in the table below:

 

Votes For   Votes Against   Votes Abstained
122,914,989   63,261   234

 

Proposal 9. The Company’s shareholders approved, as a special resolution, the change of the Company’s name from “Hitek Global Inc.” to “Biddance AI Systems, Inc”, or such other name as may be approved by the Board, and delegated to the Board the discretion to determine the timing of the effectiveness of the name change, provided that the change is implemented within one month of the approval of the resolution. The voting results are summarized in the table below:

 

Votes For   Votes Against   Votes Abstained
122,934,666   43,384   434

 

Proposal 10. The Company’s shareholders approved, as a special resolution, the transfer by way of continuation of the Company from the Cayman Islands to the British Virgin Islands, including the de-registration of the Company in the Cayman Islands and its continuation and registration as a BVI business company limited by shares; the change of the Company’s registered office to Kingston Chambers, PO Box 173, Road Town, Tortola, British Virgin Islands, conditional upon and effective with the migration; the adoption, conditional upon and effective with the migration, of a memorandum and articles of association compliant with the laws of the British Virgin Islands in substitution and replacement of the Company’s existing memorandum and articles of association; and the authorization of the Board and any director or officer of the Company to take all actions, execute all documents, and make all filings deemed necessary or desirable to effect the migration. The voting results are summarized in the table below:

 

Votes For   Votes Against   Votes Abstained
122,930,477   47,607   400

 

Proposal 11. The Company’s shareholders approved, as an ordinary resolution, the adjournment or postponement of the Meeting to a later date or dates, if necessary or appropriate, as determined by the chairman of the Meeting, to solicit additional proxies in favor of one or more of the foregoing proposals if there were insufficient votes to approve such proposal or proposals at the time of the Meeting. The voting results are summarized in the table below:

 

Votes For   Votes Against   Votes Abstained
123,586,555   50,991   648

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Hitek Global Inc.
     
  By: /s/ Xiaoyang Huang
  Name:  Xiaoyang Huang
  Title: Chief Executive Officer
     
Date: July 31, 2026    

 

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Source: View Original Filing on SEC EDGAR