Gpixel Changchun Microelectronics Inc. (Gpixel) announced a postponement in sending its shareholder circular related to two key transactions with the Changchun Institute of Optics, Fine Mechanics and Physics (CIOMP).
Originally scheduled for distribution no later than 9 November 2026, the circular is now expected on or before 20 November 2026. Management cited the need for additional time to finalise information required under Hong Kong Listing Rules.
The postponed document will detail: 1. A supplemental agreement that revises the 2026 CIOMP Framework Agreement’s supply annual cap. 2. Terms for supplying group products and services under a renewed CIOMP Framework Agreement, including proposed annual caps for each of the three years ending 31 December 2029.
The board of Gpixel, chaired by Dr. Wang Xinyang, reiterated that all other aspects of the previously announced arrangements remain unchanged. The company’s executive, non-executive and independent non-executive directors’ roster was also confirmed as of the announcement date, 9 November 2026.
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