ZJK Industrial Co., Ltd. held its Extraordinary General Meeting of Shareholders on March 6, 2026, where shareholders approved the Share Capital Reorganization re-designating Ordinary Shares into Class A and Class B Ordinary Shares and the adoption of amended and restated memorandum and articles of association, effective upon Nasdaq approval.
Key takeaways
EGM held on March 6, 2026 at 10:00 a.m. Beijing Time in Shenzhen, China
Approved Share Capital Reorganization: 9,000,000 Ordinary Shares held by DNR Technology Co., Ltd., Vimisci Holding Limited, Newmicro Holding Limited, Jinshan International Investment Co., Ltd., and KKD Holding Limited re-designated to Class B Ordinary Shares
55,322,249 Ordinary Shares re-designated to Class A Ordinary Shares
Authorized share capital amended to 2,991,000,000 Class A and 9,000,000 Class B ordinary shares of par value US$0.000016666667 each
Class B shares carry 30 votes per share and are convertible to Class A on one-for-one basis
Adopted amended and restated M&A effective post-reorganization