ZJK Industrial Co., Ltd. Announces Implementation of Dual-Class Share Structure

Rhea-AI Summary

ZJK Industrial (NASDAQ: ZJK) implemented a dual-class share structure, effective March 16, 2026, after shareholder approval on March 6, 2026. Class A shares will begin trading on Nasdaq on March 17, 2026 under ticker ZJK.

All 64,322,249 issued shares were re-designated: 9,000,000 shares became Class B (held across five holders) carrying 30 votes per share, convertible one-for-one into Class A. The Company re-designated 2,935,677,751 authorized but unissued shares as Class A, setting authorized capital at US$50,000 comprising 2,991,000,000 Class A and 9,000,000 Class B shares, par value US$0.000016666667.

Positive

• Established dual-class structure with clear conversion rights (Class B convertible one-for-one)
• Class B holders retain concentrated voting control with 30 votes per share
• Nasdaq listing continuity: Class A to trade under ticker ZJK starting March 17, 2026

Negative

• Concentrated voting power may reduce minority shareholder influence
• Re-designation creates limited Class B supply: only 9,000,000 Class B authorized shares

Key Figures

Issued shares pre-reorg: 64,322,249 shares Re-designated Class A issued: 55,322,249 shares Authorized but unissued re-designated: 2,935,677,751 shares +5 more

8 metrics

Issued shares pre-reorg 64,322,249 shares Issued and outstanding ordinary shares at effective time of reorganization

Re-designated Class A issued 55,322,249 shares Issued shares re-designated as Class A ordinary shares

Authorized but unissued re-designated 2,935,677,751 shares Authorized but unissued ordinary shares re-designated as Class A

Authorized Class A 2,991,000,000 shares New authorized Class A ordinary share capital

Authorized Class B 9,000,000 shares New authorized Class B ordinary share capital

Par value US$0.000016666667 Par value per Class A and Class B ordinary share

Class B voting power 30 votes per share Voting rights for Class B shares at general meetings

Class B initial holders 6,000,000 + 1,800,000 + 450,000 + 450,000 + 300,000 shares Specific holdings re-designated as Class B ordinary shares

Market Reality Check

Price: $1.94 Vol: Volume 3,859 is well belo...

low vol

$1.94 Last Close

Volume Volume 3,859 is well below the 20-day average 18,172 (relative volume 0.21x) ahead of this governance update. low

Technical Shares at $1.94 are trading below the 200-day MA $2.95 and are 67.67% under the 52-week high of $6.00.

Peers on Argus

Peers in Specialty Industrial Machinery showed mixed moves, with names like BW a...

3 Up 1 Down

Peers in Specialty Industrial Machinery showed mixed moves, with names like BW at -19.22% and NPWR at -10.47%, suggesting ZJK’s dual-class implementation is more company-specific than sector-driven.

Historical Context

3 past events · Latest: Nov 24 (Positive)

Pattern 3 events

Date	Event	Sentiment	Move	Catalyst
Nov 24	Strategic partnership	Positive	+40.7%	Announced U.S. JV Gigafactory with up to $200M expected investment.
Nov 18	Financial update	Positive	+0.6%	Reported strong six‑month revenue and profit growth with higher margins.
Sep 22	Earnings report	Positive	+2.9%	H1 2025 earnings showing double‑digit revenue and profit increases.

Pattern Detected

Recent positive strategic and earnings announcements have coincided with positive one-day price reactions, sometimes strongly so.

Recent Company History

Over the last six months, ZJK reported strong H1 2025 results on Sep 22, 2025, with revenue up 52.21% to $24.70M and net income up 7.59%, which saw a +2.93% next-day move. Later, on Nov 24, 2025, a large AI- and semiconductor-focused U.S. partnership with an expected investment of up to $200M drove a +40.68% reaction. Another financial update in November 2025 also saw a modest gain. Today’s dual-class structure implementation follows this pattern of capital-markets-focused developments.

Regulatory & Risk Context

Active S-3 Shelf · $300,000,000

Shelf Active

Active S-3 Shelf Registration 2026-02-17

$300,000,000 registered capacity

An effective Form F-3 shelf registration dated Feb 17, 2026 allows ZJK to offer up to $300,000,000 of Class A ordinary shares, warrants, rights, and units over time, and permits certain selling shareholders to resell Class A shares, from which the company will not receive proceeds.

Market Pulse Summary

This announcement finalizes a dual-class share structure, reclassifying 64,322,249 issued shares and...

Analysis

This announcement finalizes a dual-class share structure, reclassifying 64,322,249 issued shares and authorizing 2,991,000,000 Class A and 9,000,000 Class B shares with Class B carrying 30 votes each. It follows February’s Form F-3 shelf for up to $300,000,000 of securities, tying governance changes to broader capital-markets flexibility. Investors may watch how control concentration, any future offerings, and execution on prior growth and partnership plans interact with this new structure.

Key Terms

dual-class share structure, class a ordinary shares, class b ordinary shares, cusip, +2 more

6 terms

dual-class share structure financial

"today announced the implementation of a dual-class share structure."

A dual-class share structure is when a company issues two (or more) types of stock that give different voting power: one class typicaly gives founders or insiders more votes per share while the other class, sold to public investors, has little or no voting rights. For investors this matters because it concentrates control in a small group—like a family owning a house with most of the keys—so minority shareholders may have less influence over strategy, governance and risk, which can affect long-term value and accountability.

class a ordinary shares financial

"The Company’s Class A ordinary shares are expected to begin trading"

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

class b ordinary shares financial

"shares were each re-designated as Class B ordinary shares on a one-for-one basis."

Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.

cusip regulatory

"While the CUSIP number will remain the same, the CUSIP description will be updated"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

par value financial

"each with a par value of US$0.000016666667."

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

memorandum and articles of association regulatory

"has adopted amended and restated memorandum and articles of association"

Memorandum and articles of association are the founding legal documents of a company: the memorandum sets out the company’s basic purpose and scope, while the articles act as its internal rulebook detailing how the company is run, who has what powers, and how decisions are made. For investors these documents matter because they define ownership rights, voting rules, limits on activities, and procedures for major changes—like a contract and rulebook that determine how their investment can be used and protected.

AI-generated analysis. Not financial advice.

SHENZHEN, China, March 16, 2026 (GLOBE NEWSWIRE) -- ZJK Industrial Co., Ltd. (NASDAQ: ZJK) (“ZJK Industrial”, “ZJK” or the “Company”), a high-tech enterprise specializing in the manufacturing and sale of precision fasteners, structural parts and other precision metal parts applied in a variety of industries, including intelligent electronic equipment, new energy vehicles, aerospace, energy storage systems, medical and liquid cooling systems used in artificial intelligence supercomputer, today announced the implementation of a dual-class share structure.

At an extraordinary general meeting held on March 6, 2026, shareholders approved the introduction of two classes of ordinary shares, designated as Class A and Class B. The Company’s Class A ordinary shares are expected to begin trading on the Nasdaq Capital Market at the open of business on March 17, 2026, continuing under the ticker symbol “ZJK.” While the CUSIP number will remain the same, the CUSIP description will be updated to reflect the new designation as Class A ordinary shares.

Under the approved share capital reorganization, the Company has re-designated and re-classified its authorized and issued share capital. At the effective time, all 64,322,249 issued and outstanding ordinary shares were re-designated: 6,000,000 shares held by DNR Technology Co., Ltd., 1,800,000 shares held by Vimisci Holding Limited, 450,000 shares held by Newmicro Holding Limited, 450,000 shares held by Jinshan International Investment Co., Ltd., and 300,000 shares held by KKD Holding Limited were each re-designated as Class B ordinary shares on a one-for-one basis. The remaining 55,322,249 issued shares have been re-designated as Class A ordinary shares. In addition, all 2,935,677,751 authorized but unissued ordinary shares have been re-designated as Class A ordinary shares.

As a result of share capital reorganization, the Company’s authorized share capital now consists of US$50,000 divided into 2,991,000,000 Class A ordinary shares and 9,000,000 Class B ordinary shares, each with a par value of US$0.000016666667. The rights attached to the new share classes are substantially identical to those of the previous ordinary shares, with two key distinctions: holders of Class B ordinary shares are entitled to thirty (30) votes per share on all matters decided by poll at any general meeting, and each Class B ordinary share is convertible into a Class A ordinary share on a one-for-one basis at the holder’s discretion.

To reflect share capital reorganization, ZJK Industrial has adopted amended and restated memorandum and articles of association, which have been duly filed and are now effective.

About ZJK Industrial Co., Ltd.

ZJK Industrial Co., Ltd. is a high-tech enterprise specializing in the manufacturing and sale of precision fasteners, structural parts and other precision metal parts applied in a variety of industries, including intelligent electronic equipment, new energy vehicles, aerospace, energy storage systems, medical and liquid cooling systems used in artificial intelligence supercomputers. With over fourteen years in the precision metal parts manufacturing industry, the Company maintains a skilled professional team, a series of highly automated and precision manufacturing equipment, stable and strong customer group, and complete quality management systems. ZJK mainly offers standard screws, precision screws and nuts, high-strength bolts and nuts, turning parts, stamping parts and Computer Numerical Control (CNC) machining parts, CNC milling parts, high precision structural components, Surface Mounting Technology (SMT) for miniature parts packaging, and technology service for research and development from a professional engineering team. For more information, please visit the Company’s website at https://ir.zjk-industrial.com/.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect the its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to,” “propose” or other similar expressions in this announcement. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s filings with the U.S. Securities and Exchange Commission.

For more information, please contact:

ZJK Industrial Co., Ltd.
Phone: +86-755-2834 1175
Email: ir@zjk-industrial.com

The Blueshirt Group Asia
Feifei Shen
Phone: +86-134-66566136
Email: feifei@blueshirtgroup.co

FAQ

What change did ZJK announce on March 16, 2026 regarding its share structure?

ZJK implemented a dual-class share structure with Class A and Class B shares effective March 16, 2026. According to ZJK, all issued shares were re-designated and authorized shares were reallocated to create 2,991,000,000 Class A and 9,000,000 Class B shares.

When will ZJK Class A ordinary shares begin trading on Nasdaq under the ZJK ticker?

Class A ordinary shares are expected to begin trading on Nasdaq at the open on March 17, 2026. According to ZJK, the ticker remains ZJK and the CUSIP number stays the same with an updated CUSIP description.

How many votes does each ZJK Class B share carry after the reorganization?

Each Class B ordinary share carries 30 votes per share on matters decided by poll. According to ZJK, this voting differential is a key distinction between Class A and Class B ordinary shares after the reclassification.

Which shareholders hold Class B shares and how many were re-designated?

ZJK re-designated specific holdings into Class B: DNR 6,000,000; Vimisci 1,800,000; Newmicro 450,000; Jinshan 450,000; KKD 300,000. According to ZJK, those holdings were re-designated one-for-one as Class B ordinary shares.

What are the conversion rights for ZJK Class B shares?

Each Class B ordinary share is convertible into a Class A ordinary share on a one-for-one basis at the holder’s discretion. According to ZJK, conversion is unilateral and does not require company approval, preserving shareholder flexibility.