Ostin Technology Group Co., Ltd. to Hold Annual General Meeting of Shareholders on September 28, 2023
August 30 2023 - 8:30AM
Ostin Technology Group Co., Ltd. (the “Company”) (Nasdaq: OST), a
supplier of display modules and polarizers in China, today
announced that it expects to hold its 2023 annual general meeting
of shareholders on September 28, 2023 at 8:00 p.m., Beijing Time
(September 28, 2023, at 8:00 a.m., Eastern Time), at its executive
office at Building 2, 101/201, 1 Kechuang Road, Qixia District,
Nanjing, Jiangsu Province, China 210046.
As fully discussed in the proxy statement
described below, the shareholders will be asked to consider and
vote upon the following proposals at the annual meeting:
(1) To re-elect and appoint the five directors
named in the proxy statement, each to serve a term expiring at the
next annual meeting of shareholders in 2024 or until their
successors are duly elected and qualified; and
(2) To approve, ratify and confirm the
re-appointment of TPS Thayer, LLC as the Company’s independent
registered public accounting firm for the fiscal year ending
September 30, 2023.
Shareholders of record at the close of business
on August 18, 2023 are entitled to receive notice and vote at the
annual meeting and any adjournment or postponement thereof. All
shareholders are cordially invited to attend the meeting in person.
Whether or not you plan to attend the annual meeting, we encourage
you to vote and submit your proxy by telephone, via the Internet or
by mail. For additional instructions, voting by telephone or via
the Internet, please refer to the proxy card. To vote and submit
your proxy by mail, please complete, sign and date the enclosed
proxy card and return it in the enclosed envelope. If you hold your
shares through an account with a brokerage firm, bank or other
nominee, please follow the instructions you receive from them to
vote your shares.
Additional Information
In connection with the annual meeting, the
Company will file with the Securities and Exchange Commission (the
“SEC”) on August 30, 2023, a proxy statement, which is publicly
available, and will mail such proxy statement to shareholders on or
about August 31, 2023. INVESTORS AND SHAREHOLDERS ARE URGED TO READ
CAREFULLY AND IN THEIR ENTIRETY THE PROXY STATEMENT AND OTHER
MATERIALS FILED WITH THE SEC IN CONNECTION WITH THE ANNUAL MEETING,
AS THEY CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY AND THE
PROPOSALS. Shareholders may access the Company’s proxy statement,
without charge, at the SEC’s website www.sec.gov. Upon email or
written request to ir@austinelec.com or, Ostin Technology Group
Co., Ltd., Building 2, 101/201, 1 Kechuang Road, Qixia District,
Nanjing, Jiangsu Province, China 210046, we will provide without
charge to each person requesting, a copy of our annual report on
Form 20-F for the year ended September 30, 2022 (the “2022 Annual
Report”), including the financial statements filed therewith. We
will furnish a requesting shareholder with any exhibit not
contained therein upon specific request. In addition, the proxy
statement, as well as our 2022 Annual Report, are available on our
Internet website at
http://ostin-technology.com/download-65-63-50.html.
About Ostin Technology Group Co., Ltd.
Founded in 2010, the Company is a supplier of
display modules and polarizers in China. The Company designs,
develops, and manufactures TFT-LCD display modules in a wide range
of sizes and customized sizes which are mainly used in consumer
electronics, outdoor LCD displays, and automotive displays. The
Company also manufactures polarizers used in the TFT-LCD display
modules.
For more information, please visit
http://www.austinelec.com/
Forward-Looking Statement
This press release contains forward-looking
statements as defined by the Private Securities Litigation Reform
Act of 1995. Forward-looking statements include statements
concerning plans, objectives, goals, strategies, future events or
performance, underlying assumptions, and other statements that are
other than statements of historical facts. When the Company uses
words such as “may,” “will,” “intend,” “should,” “believe,”
“expect,” “anticipate,“ “project,” “estimate” or similar
expressions that do not relate solely to historical matters, it is
making forward-looking statements. Forward-looking statements are
not guarantees of future performance and involve risks and
uncertainties that may cause the actual results to differ
materially from the Company’s expectations discussed in the
forward-looking statements. These statements are subject to
uncertainties and risks including, but not limited to, the
following: the Company’s goals and strategies; the Company’s
forecast on market trends; the Company’s future business
development; the demand for and market acceptance for new products;
expectation to receive customer orders for new products; the
anticipated timing for the marketing and sales of new products;
changes in technology; the Company’s ability to attract and retain
skilled professionals; client concentration; and general economic
conditions affecting the Company’s industry and assumptions
underlying or related to any of the foregoing and other risks
contained in reports filed by the Company with the SEC. For these
reasons, among others, investors are cautioned not to place undue
reliance upon any forward-looking statements in this press release.
Additional factors are discussed in the Company’s filings with the
SEC, which are available for review at www.sec.gov. The Company
undertakes no obligation to publicly revise these forward-looking
statements to reflect events or circumstances that arise after the
date hereof.
For more information, please contact:Ostin
Technology Group Co., Ltd. ir@austinelec.com
Investor Relations:Janice Wang Wealth Financial
Services LLC Phone: +86 13811768599 +1 628 283 9214 Email:
services@wealthfsllc.com
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