GlobeNewswire Inc | Jul 30, 2021 06:15PM EDT

July 30, 2021

SANTA CLARA, Calif., July 30, 2021 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (Nasdaq: BRQS, Borqs, or the Company), a global provider of embedded software and products for the Internet of Things (IoT) and a portfolio company of Qualcomm Technologies, today announced the postponement of the annual general meeting of shareholders scheduled for August 2, 2021, since legal quorum requirements as set forth in the meetings convening notice were not met.

The Company has announced that the postponed annual general meeting of shareholders will convene on August 6, 2021 at 10:00am EDT, at the offices of Sichenzia Ross Ference LLP, 1185 Avenue of the Americas, 31/F, New York, NY 10036, USA.

A quorum of one third of the ordinary shares outstanding as of the record date, present in person or by proxy, will be required to conduct the adjourned meeting. The Company believes that it shall satisfy the quorum requirements for this adjourned meeting.

Investor Contact:Sandra DouVice President of Corporate FinanceBorqs Technologies, Inc.sandra.dou@borqs.netwww.borqs.com