MAXNERVA TECH (01037.HK): Circular Despatch Delayed, Now Expected on or Before 1 December

NewTimeSpace News: On 10 November 2026, Maxnerva Technology Services Limited (stock code: 01037) announced that the circular due to be despatched on or before 10 November 2026 will be delayed and is now expected to be despatched to shareholders as soon as practicable on or before 1 December 2026.

The announcement disclosed that the circular will contain the revised 2026 annual caps, details of the 2026 framework agreement, a letter from the independent board committee to the independent shareholders, a letter from Gram Capital to the independent board committee and the independent shareholders, and the notice of the extraordinary general meeting. The matters concern the revision of the 2026 annual caps under the 2023 sales framework agreement and the 2026 framework agreement entered into with Foxconn to renew the continuing connected transactions contemplated under the 2023 framework agreement.

The Company stated that it needs more time to prepare and finalise the information to be included in the circular, which prevented despatch under the original timetable. The Company had announced the matters on 20 October 2026. The announcement was issued by chairman Zhang Chuanwang on behalf of the board.