Global New Material postpones circular on Junheng LLP formation, put option and acquisition to end-June 2026

Bulletin Express

Mar 27

Global New Material International Holdings Limited announced a delay in the despatch of its shareholder circular related to the proposed Junheng LLP formation, a possible grant of a put option and an associated acquisition.

The circular was originally scheduled for distribution on or before 27 March 2026, following the company’s 11 February 2026 disclosure. Management now expects mailing to occur before the end of June 2026.

The board attributed the postponement to the need for additional time to prepare and finalise details based on the latest financial statements of the Jihua Group, information required under Hong Kong Listing Rules.

Chairman and CEO Dr. Su Ertian signed the announcement dated 27 March 2026. The board currently comprises six executive directors, one non-executive director and four independent non-executive directors.

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