AI X TECH (01490) suggests removing the Chinese name of the company.

AI X TECH (01490) announces that the Board of Directors of AI X TECH Limited (the Company, together with its subsidiaries and consolidated affiliated entities, collectively referred to as the Group) proposes to remove the Chinese double foreign name "AI X TECH Limited" (proposed removal of the Company's Chinese name). The Company's English name will remain unchanged. After considering the following factors, the Board of Directors believes that the proposed removal of the Company's Chinese name is in the best interest of the Company and shareholders as a whole: 1. Align with the Company's strategic transformation and enhance brand synergy: As the Group continues to advance its AI-driven strategic transformation and deepen its global market presence, the Board believes that adopting a unified English corporate identity will help establish a clearer and more consistent global brand image, thereby enhancing the Company's brand recognition and synergy, supporting its long-term strategic development and competitive advantage in the global market. 2. Avoid potential confusion among investors: The Board believes that inconsistency between the Company's Chinese and English names may cause potential confusion among international investors, business partners, and other stakeholders, especially in jurisdictions where English is the predominant communication language. The proposed removal of the Company's Chinese name will ensure consistency in the corporate image and simplify communication with the global investment community.