Caravelle International Group held its Annual General Meeting on Investing.com

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hong kong, January 4, 2025 /PRNewswire/ — Caravel International Group (NASDAQ: HTCO) (the “Company”), a global ocean technology companyIn advanceIt was announced that the company’s annual meeting of shareholders was held January 3, 2025.

At the annual meeting, shareholders voted to (1) approve a proposal to change the company’s name fromCaravel International Group” to the “High trend international group” (2) the proposed re-designation and par value of 497,500,000 shares of common stock; US Dollar 0.0001 Each of 497,500,000 Class A ordinary shares, and 2,500,000 unissued ordinary shares in the capital of the Company (including issued and outstanding shares) are proposed to be re-designated and re-allotted. US Dollar 0.0001 each as 2,500,000 Class B ordinary shares in the capital of the Company, therefore the authorized capital of the Company 50,000 dollars Divided by 497,500,000 Class A ordinary shares US Dollar 0.0001 each and 2,500,000 Class B ordinary shares of one par value US Dollar 0.0001 each, each having the same rights, privileges, choices and restrictions set forth in the Amended M&A (as defined below), (3) the proposed Second Amended and Restated Memorandum and Articles of Association of the Company (the “Amended M&A”), and (4) Mr. Guwahati Zhang as a director of the company.

Jinyu ChangChairman Caravel International Group This annual general meeting is an important milestone in the company’s development, marking our entry into a new phase of high-quality development. Brand improvement, optimization of equity structure and better utilization High trend group Market influence in the green sector and strategic partner network. Looking ahead, we will continue to drive innovation, continuously improve shipping efficiency, and actively promote green and low-carbon technologies, creating greater value for our customers, shareholders and partners.

The company has presented the financial information of the company to its shareholders for the completed fiscal year October 31, 2023 And the shareholders are given the opportunity to discuss the company’s affairs with the management.

In Care Of Caravel International Group

Caravel It is a global ocean technology company with businesses in global shipping and marine carbon neutrality. The company is committed to improving shipping efficiency through new technologies and promoting sustainable development in the industry.

Forward-looking statements

This advertisement was published in Contains “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. US In the year The Personal Insurance Litigation Amendment Act of 1995. All statements, other than statements of historical fact, include, without limitation, the Company’s objectives, plans and strategies and the words “believe”, “anticipate”, “anticipate”, “future”, “will”, “plan”, “plan”. “, “estimate” or similar expressions are “forward-looking statements”. Such statements include, but are not limited to, the risks detailed in the company’s documents. US Securities and Exchange CommissionIncluding the annual report for the fiscal year on Form 20-F October 31, 2023. These forward-looking statements involve a number of risks and uncertainties that could cause the Company’s future results to differ materially from those expected. If one or more of these risks or uncertainties materialize, or the underlying assumptions prove incorrect, actual results could differ materially from those indicated or anticipated by such forward-looking statements. All information presented in this press release is as of the date of publication, and the Company undertakes no obligation to update any forward-looking statements except as required by applicable law.

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