Shanghai XNG Holdings Limited announced a further delay in sending its shareholder circular related to the very substantial disposal of the entire equity interest in the target company.

The circular—covering full details of the Sale and Purchase Agreement, the contemplated transactions, required Listing Rules information, and the notice of the extraordinary general meeting—was originally scheduled for despatch by 17 March 2026. The company now expects to issue the document on or before 8 May 2026, citing additional time needed to finalise its contents.

Chairman Gu Dorson signed the postponement notice on 15 April 2026. The board currently comprises four executive directors, one non-executive director and two independent non-executive directors.

No changes were announced to the terms of the disposal itself; the delay applies solely to the timeline for releasing the accompanying circular.