Global New Material Shareholders Unanimously Approve Share Transfer and Option Agreements at 2 Sep 2026 EGM

Bulletin Express09-02

Global New Material International Holdings Limited reported that all resolutions tabled at the Extraordinary General Meeting (EGM) held on 2 September 2026 received 100% approval from voting independent shareholders, paving the way for key corporate transactions.

The first ordinary resolution endorsed the Share Transfer Agreement, together with its Supplemental and Second Supplemental Agreements, and authorised any director to execute all ancillary actions. The motion secured 568.16 million votes in favour, with no votes cast against.

The second ordinary resolution ratified the Option Agreement, subject to two conditions: the Put Option price is capped at RMB420.00 million, and any future exercise of the Call Option will require fresh compliance with Hong Kong Listing Rules and another shareholder vote. Support totalled 581.89 million votes, again with zero opposition.

Governance and participation metrics underscore strong shareholder backing: • Total shares in issue: 1.25 billion • Shares held by interested parties required to abstain (Dr. Su, Hongzun Investment, Hongzun International and associates): 455.59 million • Independent shares eligible to vote: 792.86 million • Voting turnout on Resolution 1: 71.63% of eligible independent shares • Voting turnout on Resolution 2: 73.43% of eligible independent shares

All directors attended the meeting in person or via electronic means. Tricor Investor Services Limited acted as scrutineer for the poll process.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1147571361?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-02 16:44","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1147571361","market":"hk","top_or_hot":-1,"title":"Global New Material Shareholders Unanimously Approve Share Transfer and Option Agreements at 2 Sep 2026 EGM","media":"Bulletin Express","content":"<p>Global New Material International Holdings Limited reported that all resolutions tabled at the Extraordinary General Meeting (EGM) held on 2 September 2026 received 100% approval from voting independent shareholders, paving the way for key corporate transactions.</p>\n<p>The first ordinary resolution endorsed the Share Transfer Agreement, together with its Supplemental and Second Supplemental Agreements, and authorised any director to execute all ancillary actions. The motion secured 568.16 million votes in favour, with no votes cast against.</p>\n<p>The second ordinary resolution ratified the Option Agreement, subject to two conditions: the Put Option price is capped at RMB420.00 million, and any future exercise of the Call Option will require fresh compliance with Hong Kong Listing Rules and another shareholder vote. Support totalled 581.89 million votes, again with zero opposition.</p>\n<p>Governance and participation metrics underscore strong shareholder backing:\n• Total shares in issue: 1.25 billion  \n• Shares held by interested parties required to abstain (Dr. Su, Hongzun Investment, Hongzun International and associates): 455.59 million  \n• Independent shares eligible to vote: 792.86 million  \n• Voting turnout on Resolution 1: 71.63% of eligible independent shares  \n• Voting turnout on Resolution 2: 73.43% of eligible independent shares</p>\n<p>All directors attended the meeting in person or via electronic means. Tricor Investor Services Limited acted as scrutineer for the poll process.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Global New Material Shareholders Unanimously Approve Share Transfer and Option Agreements at 2 Sep 2026 EGM</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGlobal New Material Shareholders Unanimously Approve Share Transfer and Option Agreements at 2 Sep 2026 EGM\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-09-02 16:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Global New Material International Holdings Limited reported that all resolutions tabled at the Extraordinary General Meeting (EGM) held on 2 September 2026 received 100% approval from voting independent shareholders, paving the way for key corporate transactions.</p>\n<p>The first ordinary resolution endorsed the Share Transfer Agreement, together with its Supplemental and Second Supplemental Agreements, and authorised any director to execute all ancillary actions. The motion secured 568.16 million votes in favour, with no votes cast against.</p>\n<p>The second ordinary resolution ratified the Option Agreement, subject to two conditions: the Put Option price is capped at RMB420.00 million, and any future exercise of the Call Option will require fresh compliance with Hong Kong Listing Rules and another shareholder vote. Support totalled 581.89 million votes, again with zero opposition.</p>\n<p>Governance and participation metrics underscore strong shareholder backing:\n• Total shares in issue: 1.25 billion  \n• Shares held by interested parties required to abstain (Dr. Su, Hongzun Investment, Hongzun International and associates): 455.59 million  \n• Independent shares eligible to vote: 792.86 million  \n• Voting turnout on Resolution 1: 71.63% of eligible independent shares  \n• Voting turnout on Resolution 2: 73.43% of eligible independent shares</p>\n<p>All directors attended the meeting in person or via electronic means. Tricor Investor Services Limited acted as scrutineer for the poll process.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"06616","symbol_name":"环球新材国际","start_time":0,"source_url":"","article_id":"1147571361","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1147571361","pubTimestamp":1788338677,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"Global New Material International Holdings Limited reported that all resolutions tabled at the Extraordinary General Meeting (EGM) held on 2 September 2026 received 100% approval from voting...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"06616":"环球新材国际"},"translate_title":"环球新材料股东于2026年9月2日股东特别大会上一致通过股份转让及购股权协议","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"06616":1},"content_text":"Global New Material International Holdings Limited reported that all resolutions tabled at the Extraordinary General Meeting (EGM) held on 2 September 2026 received 100% approval from voting independent shareholders, paving the way for key corporate transactions.\nThe first ordinary resolution endorsed the Share Transfer Agreement, together with its Supplemental and Second Supplemental Agreements, and authorised any director to execute all ancillary actions. The motion secured 568.16 million votes in favour, with no votes cast against.\nThe second ordinary resolution ratified the Option Agreement, subject to two conditions: the Put Option price is capped at RMB420.00 million, and any future exercise of the Call Option will require fresh compliance with Hong Kong Listing Rules and another shareholder vote. Support totalled 581.89 million votes, again with zero opposition.\nGovernance and participation metrics underscore strong shareholder backing:\n• Total shares in issue: 1.25 billion  \n• Shares held by interested parties required to abstain (Dr. Su, Hongzun Investment, Hongzun International and associates): 455.59 million  \n• Independent shares eligible to vote: 792.86 million  \n• Voting turnout on Resolution 1: 71.63% of eligible independent shares  \n• Voting turnout on Resolution 2: 73.43% of eligible independent shares\nAll directors attended the meeting in person or via electronic means. Tricor Investor Services Limited acted as scrutineer for the poll process.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"shareholding,SGX","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.49.0","shortVersion":"4.49.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1147571361","isCrawlerRequest":true}