Ming Shing Group Holdings Ltd

Ming Shing Group Holdings Limited announced significant changes to its leadership. Mr. Han Yan resigned as director and CEO, and Mr. Dongjie Lao resigned as an independent director and from several committee roles, both citing personal reasons. Following these departures, Mr. Zhijun Pan has been re-designated as the interim Chief Executive Officer, effective June 4, 2026, while Ms. Tianhang Zhao was appointed chairman of the compensation committee. The company is actively searching for a permanent CEO.

Ming Shing Group Holdings Limited announced significant changes to its board of directors and management. Mr. Han YAN resigned as a director and chief executive officer, and Mr. Dongjie LAO resigned as an independent director, both citing personal reasons and no disagreement with the company. Following these resignations, Ms. Tianhang Zhao was re-designated as chairman of the compensation committee, and Mr. Zhijun Pan was appointed as interim Chief Executive Officer, effective June 4, 2026. The company is actively searching for a permanent CEO.

Ming Shing Group Holdings announced significant changes to its board and senior management. Mr. Zhijun Pan has been appointed as Chairman of the Board and Director, effective May 27, 2026. Concurrently, Mr. Weijin Li resigned from his roles as Chairman, CEO, and Director for personal reasons, and Mr. Han Yan was re-designated as Chief Executive Officer. Mr. Pan brings over 17 years of business management experience and is also a director of PMA Nano Carbon Technology Pte. Ltd., a company related to Ming Shing's proposed acquisition, which the company believes will support its strategic development.

Ming Shing Group Holdings Ltd. announced that Mr. Weijin Li has resigned from his positions as Chairman of the Board, Chief Executive Officer, and Director, effective May 27, 2026, citing personal reasons. Following this, Mr. Han Yan has been re-designated as Chief Executive Officer, and Mr. Zhijun Pan has been appointed as Chairman of the Board and Director. Mr. Pan brings over 17 years of business management experience and is also a director of PMA Nano Carbon Technology Pte. Ltd., a company within the PMA group related to Ming Shing's recently announced proposed acquisition. The company believes Mr. Pan's experience will support its strategic development.

Ming Shing Group Holdings Limited announced the acquisition of PMA Nano Carbon Tech Limited for an aggregate consideration of US$110,000,000. The payment will be made through the issuance of unsecured convertible promissory notes to the sellers. This acquisition will enable Ming Shing to expand into graphene-based thermal management technologies, with potential applications in AI, new energy vehicles, healthcare, and smart devices. The closing of the transaction is subject to certain conditions, including Nasdaq approval, and is expected within a month.

Ming Shing Group Holdings Ltd. announced an Extraordinary General Meeting (EGM) on June 16, 2026, to vote on a significant share reorganization. The proposals include a substantial increase in authorized share capital from $50,000 to $25,000,000, representing a 500-fold increase in the number of ordinary shares. Additionally, the company plans to reclassify its shares into a dual-class structure, comprising 40 billion Class A ordinary shares (one vote each) and 10 billion Class B ordinary shares (100 votes each), with 6 million issued shares held by CHI MING LAM specifically designated as Class B. These changes, if approved, will also necessitate the adoption of new amended articles of association.