Global New Material International Holdings Limited (Global New Material) has announced a second delay in dispatching its shareholder circular related to the planned formation of Junheng LLP, the possible grant of a put option, and an associated acquisition.

The company’s latest statement, dated 30 June 2026, moves the expected mailing date of the circular to on or before 31 August 2026. This follows an earlier postponement disclosed on 27 March 2026, which had shifted the target to the end of June 2026 from the original timetable outlined on 11 February 2026.

Management attributes the additional delay to the need for more time to complete and verify information based on the most recent financial statements of the Jihua Group and to address the complexity of the contemplated transactions.

The announcement was authorised by the Board and signed by Dr Su Ertian, Chairman and Chief Executive Officer.