Caravelle International Group Holds Annual General Meeting - Thailand PR News

 - [Banking](https://thailandbusinessnews.net/category/banking/)
- [Companies](https://thailandbusinessnews.net/category/companies/)
- [Economy](https://thailandbusinessnews.net/category/economy/)
- [Press Releases](https://thailandbusinessnews.net/category/press-release/)
    - [PR Newswire](https://thailandbusinessnews.net/pr-newswire-updates/)
- [Tech](https://thailandbusinessnews.net/category/tech/)
- [Tourism](https://thailandbusinessnews.net/category/tourism/)

    - [Press Release](https://thailandbusinessnews.net/category/press-release/)

# Caravelle International Group Holds Annual General Meeting

   #####  Up next

  ###### [LILYSILK Marks Third Anniversary of its Partnership with TerraCycle®, Expands Rewards for Eco-Minded Shoppers](https://thailandbusinessnews.net/press-release/lilysilk-marks-third-anniversary-of-its-partnership-with-terracycle-expands-rewards-for-eco-minded-shoppers/)

  Published on 04 January 2025 #####  Author

#####   [ CISION PRNewswire ](https://thailandbusinessnews.net/author/cision/)

  ##### Tags

- [PRNewswire](https://thailandbusinessnews.net/tag/prnewswire/)

 ![](https://mma.prnasia.com/media2/2325958/Caravelle_International_Group_Logo.jpg?p=medium600 "logo")

HONG KONG, Jan. 4, 2025 /PRNewswire/ — Caravelle International Group (NASDAQ: HTCO) (the "Company"), a global ocean technology company, announced that the Company’s annual shareholder meeting was held on January 3, 2025.

At the Annual Meeting, the shareholders voted to approve (1) the proposed change of the name of the Company from "Caravelle International Group" to "High-Trend International Group," (2) the proposed re-designation and re-classification of 497,500,000 ordinary shares of a par value of US$0.0001 each in the capital of the Company (including all of the issued and outstanding shares) as 497,500,000 Class A Ordinary Shares, and a proposed re-designation and re-classification of 2,500,000 unissued ordinary shares of a par value of US$0.0001 each in the capital of the Company as 2,500,000 Class B Ordinary Shares, so that the authorized share capital of the Company is US$50,000 divided into 497,500,000 Class A Ordinary Shares of a par value of US$0.0001 each and 2,500,000 Class B Ordinary Shares of a par value of US$0.0001 each, each with the rights, privileges, preferences and restrictions set out in the Amended M&amp;A (as defined below), (3) the proposed second amended and restated memorandum and articles of association of the Company (the "Amended M&amp;A"), and (4) the proposed removal of Mr. Guohua Zhang as a director of the Company.

Jinyu Chang, Chairman of Caravelle International Group addressed, this annual general meeting marks an important milestone in the company’s development, signifying our entry into a new phase of high-quality growth. The brand upgrade, optimization of equity structure, and better utilize High-Trend Group’s market influence in the green sector and its strategic partner network. Looking ahead, we will continue to drive innovation, continuously improve shipping efficiency, and actively promote the application of green and low-carbon technologies, creating greater value for our customers, shareholders, and partners.

The Company also presented to its shareholders the Company’s financial information for the fiscal year ended October 31, 2023 and afforded the shareholders the opportunity to discuss Company affairs with management.

About Caravelle International Group

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

Forward Looking Statements

This announcement 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. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, including, without limitation, those with respect to the objectives, plans and strategies of the Company set forth herein and those preceded by or that include the words "believe," "expect," "anticipate," "future," "will," "intend," "plan," "estimate" or similar expressions, are "forward-looking statements". Such statements include, but are not limited to risks detailed in the Company’s filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 20-F for the fiscal year ended October 31, 2023. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company’s future results to differ materially from those anticipated. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. All information provided in this press release is as of the date of the publication, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

[Source link ](https://www.prnasia.com/story/archive/4588985_CN88985_0?rand=89749)

```
This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network
```

  #####  You May Also Like

  [](https://thailandbusinessnews.net/press-release/two-countries-twin-parks-model-between-china-malaysia-makes-new-progress/) ## "Two Countries, Twin Parks" model between China, Malaysia makes new progress

  BEIJING, April 15, 2025 /PRNewswire/ — A report from People’s Daily: In…

- [CISION PRNewswire](https://thailandbusinessnews.net/author/cision/ "View all posts by CISION PRNewswire")
- April 15, 2025

   [](https://thailandbusinessnews.net/press-release/taiyo-holdings-launches-next-generation-semiconductor-packaging-material-fpim-tm-series-its-first-successful-formation-of-3-layer-rdl-with-cd-1-6-micrometers-on-12-inch-wafer/) ## Taiyo Holdings Launches Next-generation Semiconductor-packaging Material "FPIM (TM) Series," Its First Successful Formation of 3-layer RDL with CD 1.6 Micrometers on 12-inch Wafer

  – Paper Presented at 14th IEEE CPMT Symposium Japan (ICSJ 2025) –…

- [CISION PRNewswire](https://thailandbusinessnews.net/author/cision/ "View all posts by CISION PRNewswire")
- November 13, 2025

   [](https://thailandbusinessnews.net/press-release/multilingual-ai-voice-agent-was-launched-by-zadarma/) ## Multilingual AI Voice Agent was launched by Zadarma

  LONDON, Jan. 20, 2026 /PRNewswire/ — Zadarma, a global VoIP service provider,…

- [CISION PRNewswire](https://thailandbusinessnews.net/author/cision/ "View all posts by CISION PRNewswire")
- January 20, 2026

 ##### Most Read

- [![Manulife appoints Sarah Chapman as Global Chief Marketing & Customer Experience Officer, joining Executive Leadership Team](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/manulife-appoints-sarah-chapman-as-global-chief-marketing-customer-experience-officer-joining-executive-leadership-team/ "Manulife appoints Sarah Chapman as Global Chief Marketing & Customer Experience Officer, joining Executive Leadership Team") [Manulife appoints Sarah Chapman as Global Chief Marketing &amp; Customer Experience Officer, joining Executive Leadership Team](https://thailandbusinessnews.net/press-release/manulife-appoints-sarah-chapman-as-global-chief-marketing-customer-experience-officer-joining-executive-leadership-team/ "Manulife appoints Sarah Chapman as Global Chief Marketing & Customer Experience Officer, joining Executive Leadership Team")
- [![ReThink HK 2026 Opens at HKCEC, Bringing Business, Government and NGOs Together to Accelerate Climate Action](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/rethink-hk-2026-opens-at-hkcec-bringing-business-government-and-ngos-together-to-accelerate-climate-action/ "ReThink HK 2026 Opens at HKCEC, Bringing Business, Government and NGOs Together to Accelerate Climate Action") [ReThink HK 2026 Opens at HKCEC, Bringing Business, Government and NGOs Together to Accelerate Climate Action](https://thailandbusinessnews.net/press-release/rethink-hk-2026-opens-at-hkcec-bringing-business-government-and-ngos-together-to-accelerate-climate-action/ "ReThink HK 2026 Opens at HKCEC, Bringing Business, Government and NGOs Together to Accelerate Climate Action")
- [![Fashion Summit (HK) 2026 "Code the Fashion Forward" at the Hong Kong Palace Museum: Global Fashion Leaders, Innovators, and Local Design Talents Gather, Sharing Insights to Co-create a Green and Smart New Chapter in Fashion](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/fashion-summit-hk-2026-code-the-fashion-forward-at-the-hong-kong-palace-museum-global-fashion-leaders-innovators-and-local-design-talents-gather-sharing-insights-to-co-create-a-green/ "Fashion Summit (HK) 2026 "Code the Fashion Forward" at the Hong Kong Palace Museum: Global Fashion Leaders, Innovators, and Local Design Talents Gather, Sharing Insights to Co-create a Green and Smart New Chapter in Fashion") [Fashion Summit (HK) 2026 "Code the Fashion Forward" at the Hong Kong Palace Museum: Global Fashion Leaders, Innovators, and Local Design Talents Gather, Sharing Insights to Co-create a Green and Smart New Chapter in Fashion](https://thailandbusinessnews.net/press-release/fashion-summit-hk-2026-code-the-fashion-forward-at-the-hong-kong-palace-museum-global-fashion-leaders-innovators-and-local-design-talents-gather-sharing-insights-to-co-create-a-green/ "Fashion Summit (HK) 2026 "Code the Fashion Forward" at the Hong Kong Palace Museum: Global Fashion Leaders, Innovators, and Local Design Talents Gather, Sharing Insights to Co-create a Green and Smart New Chapter in Fashion")
- [![Midea Unveils VitaBreeze: An AC Beyond Cooling and Heating](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/midea-unveils-vitabreeze-an-ac-beyond-cooling-and-heating/ "Midea Unveils VitaBreeze: An AC Beyond Cooling and Heating") [Midea Unveils VitaBreeze: An AC Beyond Cooling and Heating](https://thailandbusinessnews.net/press-release/midea-unveils-vitabreeze-an-ac-beyond-cooling-and-heating/ "Midea Unveils VitaBreeze: An AC Beyond Cooling and Heating")
- [![Alpha Ladder WealthX Among Asia's First to Bring xStocks US Tokenised Equities to Institutional and Accredited Investors](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/alpha-ladder-wealthx-among-asias-first-to-bring-xstocks-us-tokenised-equities-to-institutional-and-accredited-investors/ "Alpha Ladder WealthX Among Asia's First to Bring xStocks US Tokenised Equities to Institutional and Accredited Investors") [Alpha Ladder WealthX Among Asia's First to Bring xStocks US Tokenised Equities to Institutional and Accredited Investors](https://thailandbusinessnews.net/press-release/alpha-ladder-wealthx-among-asias-first-to-bring-xstocks-us-tokenised-equities-to-institutional-and-accredited-investors/ "Alpha Ladder WealthX Among Asia's First to Bring xStocks US Tokenised Equities to Institutional and Accredited Investors")
- [![SJourney Enters a New Chapter with Arsenale's 33% Strategic Investment](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/sjourney-enters-a-new-chapter-with-arsenales-33-strategic-investment/ "SJourney Enters a New Chapter with Arsenale's 33% Strategic Investment") [SJourney Enters a New Chapter with Arsenale's 33% Strategic Investment](https://thailandbusinessnews.net/press-release/sjourney-enters-a-new-chapter-with-arsenales-33-strategic-investment/ "SJourney Enters a New Chapter with Arsenale's 33% Strategic Investment")

##### Subscribe via Email

 Enter your email address to subscribe and receive notifications of new posts by email.

  Email Address

       Subscribe

  [](https://thailandbusinessnews.net/press-release/qivika-to-launch-smart-scope-on-kickstarter-bringing-a-professional-long-range-experience-to-day-and-night-exploration/) ![QIVIKA to Launch Smart Scope on Kickstarter, Bringing a Professional Long-Range Experience to Day-and-Night Exploration](https://i0.wp.com/mmx.prnasia.com/media/MS1986483/20260911084649EDT_image_1.jpg?resize=260%2C140&ssl=1 "QIVIKA to Launch Smart Scope on Kickstarter, Bringing a Professional Long-Range Experience to Day-and-Night Exploration")

 ## QIVIKA to Launch Smart Scope on Kickstarter, Bringing a Professional Long-Range Experience to Day-and-Night Exploration

  BERLIN and NEW YORK, Sept. 12, 2026 /PRNewswire/ — QIVIKA, a consumer…

   [](https://thailandbusinessnews.net/press-release/the-generation-essential-groups-receipt-of-nyse-letter-regarding-class-a-ordinary-shares-trading-price/) ## The Generation Essential Group's Receipt of NYSE Letter Regarding Class A Ordinary Shares Trading Price

  NEW YORK and LONDON, Sept. 12, 2026 /PRNewswire/ — The Generation Essentials…

   [](https://thailandbusinessnews.net/press-release/quantinuum-to-participate-in-the-piper-sandler-5th-annual-growth-frontiers-conference/) ## Quantinuum to Participate in the Piper Sandler 5th Annual Growth Frontiers Conference

  BROOMFIELD, Colo., Sept. 12, 2026 /PRNewswire/ — Quantinuum Inc. (Nasdaq: QNT)…

   [](https://thailandbusinessnews.net/press-release/cgtn-how-brics-creates-new-opportunities-for-global-south-development/) ## CGTN: How BRICS creates new opportunities for Global South development

  CGTN published an article examining how China’s four global initiatives are…
<!-- Performance optimized by Docket Cache: https://wordpress.org/plugins/docket-cache -->
