Newborntown will hold a special shareholders' meeting in Peking on December 12, 2024 to consider and approve several ordinary resolutions. The main topics include confirming and approving the share purchase agreement and its supplemental agreements signed with BGFG, JJQJ, and JZZT, authorizing the board of directors to issue and distribute consideration shares. In addition, the meeting will review the adoption of the new NBT restricted share unit plan and authorize the board of directors to administer the plan, including granting rewards and issuing shares. The meeting will also consider rewards granted under the NBT restricted share unit plan, ensuring compliance with the listing rules of the Hong Kong Stock Exchange and the laws of the Cayman Islands. The plan limit will restrict...Show More

Newborntown will hold a special shareholders' meeting in Peking on December 12, 2024 to consider and approve several ordinary resolutions. The main topics include confirming and approving the share purchase agreement and its supplemental agreements signed with BGFG, JJQJ, and JZZT, authorizing the board of directors to issue and distribute consideration shares. In addition, the meeting will review the adoption of the new NBT restricted share unit plan and authorize the board of directors to administer the plan, including granting rewards and issuing shares. The meeting will also consider rewards granted under the NBT restricted share unit plan, ensuring compliance with the listing rules of the Hong Kong Stock Exchange and the laws of the Cayman Islands. The plan limit will restrict the total number of new shares issued to no more than 10% of the total issued shares, with individual limits for service providers not exceeding 1%. Shareholders may appoint representatives to attend and vote, and must submit the appointment of representative form before the specified time. The company will suspend share transfer registration from December 10 to 12, 2024 to ensure shareholder eligibility.