ZJK Industrial Co., Ltd. has called an extraordinary general meeting (EGM) for March 6, 2026, to seek shareholder approval for a share capital reorganization. The primary proposal is to reclassify existing ordinary shares into Class A and Class B ordinary shares, with Class B shares granting 30 votes per share to certain holders, including the CEO and other insiders, to consolidate long-term control.
Key takeaways
An extraordinary general meeting (EGM) is scheduled for March 6, 2026, at 10:00 a.m. Beijing Time.
Shareholders will vote on a proposal to reclassify all ordinary shares into Class A and Class B ordinary shares.
Class B ordinary shares will carry 30 votes per share on all matters decided by poll at a general meeting.
Class B ordinary shares will be convertible into Class A ordinary shares at the holder's option on a one-for-one basis.
The record date for determining shareholders entitled to vote at the EGM is February 6, 2026.
The board of directors unanimously recommends voting 'FOR' all proposals.