Global Internet of People, Inc. (“SDH” or the “Company”)
(NASDAQ: SDH), an operator of a knowledge sharing and enterprise
service platform via mobile application and through local centers
in China, today announced that it has filed a proxy statement for
an extraordinary general meeting (the “Meeting”) of holders of
ordinary shares on March 15, 2022 and expects to hold the Meeting
on April 1, 2022 at 9:30 a.m., Eastern Time (April 1, 2022, at 9:30
p.m., Beijing Time). To mitigate risks to the Company’s
shareholders (the “Shareholders”), employees and other
stakeholders, due to COVID-19, the Company will hold the Meeting in
a virtual only format, which will be conducted via live audio
webcast. Shareholders will be able to attend the Meeting and engage
with the directors, management, and other Shareholders of the
Company online, regardless of their geographic locations.
Registered Shareholders and duly appointed
proxyholders will be able to attend, participate in and vote at the
Meeting at www.virtualshareholdermeeting.com/SDH2022SM. Beneficial
shareholders who hold their ordinary shares through a broker,
investment dealer, bank, trust corporation, custodian, nominee or
other intermediary, who have not duly appointed themselves as
proxyholder will be able to attend the Meeting as guests, but will
not be able to participate in or vote at the Meeting.
As fully discussed in the proxy statement and
described below, Shareholders will be asked to consider and vote on
the following proposals at the Meeting:
1. To approve (i)
the formation of a joint venture by the Company, Guizhou Yilong
District Industrial Development Investment Co., Ltd., a company
wholly owned by the local government of Yilong District in Xingyi
City of Guizhou Province, and certain other entities and
individuals, for the purposes of producing anode materials for
lithium-ion batteries (the “Joint Venture”), and (ii) the entry
into an investment agreement in connection with the formation of
the Joint Venture (together with the Joint Venture, the
“Transaction”); and
2. To transact such
other business as may properly come before the Meeting or any
adjournment or postponement thereof.
Only Shareholders of record at the close of
business on February 24, 2022 are entitled to receive notice and
vote at the Meeting or any adjournment thereof.
Shareholders may obtain a copy of the proxy
materials, including the Company’s 2020 annual report, from the
Company’s website at
https://www.sdh365.com/IR/IRindex.html.
On March 4, 2022, the Board of Directors of the
Company (the “Board”) held a board meeting and approved the
Transaction. The Board recommends that Shareholders vote “FOR”
the Transaction.
Shareholders who are unable to attend the
Meeting or any adjournment thereof and wish to vote may complete,
date and sign the enclosed form of proxy card in accordance with
the instructions and (i) vote online at www.proxyvote.com,
(ii) vote by phone at 1-800-690-6903, or (iii) mail or deposit the
completed and signed form of proxy card to Vote Processing, c/o
Broadridge, 51 Mercedes Way, Edgewood, NY 11717.
For the proxy to be valid, the duly completed
and signed form of proxy card must be received on or before 11:59
p.m. Eastern Time the day before the date of Meeting or any
adjournment of the Meeting.
About Global Internet of People,
Inc.
Headquartered in Beijing and Shanghai, Global
Internet of People, Inc., through its China-based variable interest
entity, operates an online knowledge sharing and enterprise service
platform, both online, via a mobile application “Shidonghui App”
(the “APP”), and offline, through local offices in Beijing,
Shanghai and Hangzhou, as well as 51 local centers operated by some
of the Company’s members in 35 cities throughout the PRC. The main
services SDH offers to App users are (1) Questions and Answers
Sessions and (2) streaming of audio and video courses and programs.
The main offline services SDH offers are study tours and forums.
For more information about the Company, please visit:
www.sdh365.com.
Forward-looking statement
The statements in this press release regarding
the Company's future expectations, plans and prospects constitute
forward-looking statements as defined by Private Securities
Litigation Reform Act of 1995. Forward-looking statements include
statements about plans, goals, objectives, strategies, future
events, expected results, assumptions and any other factual
statements that have not occurred. Any words that refer to "may",
"will", "want", "should", "believe", "expect", "expect",
"estimate", "estimate" or similar non-factual words, shall be
regarded as forward-looking statements. Due to various factors, the
actual results may differ materially from the historical results or
the contents expressed in these forward-looking statements. These
factors include, but are not limited to, the company's strategic
objectives, the company's future plans, market demand and user
acceptance of the company's products or services, technological
updates, economic trends, the company's reputation and brand, the
impact of industry competition and bidding, relevant policies and
regulations, the ups and downs of China's macroeconomic conditions,
the international market conditions served by the company, and the
related risks and assumptions disclosed in the prospectus. In view
of the above and other related reasons, we advise investors not to
blindly rely on these forward-looking statements, and we urge
investors to visit the SEC website to consult the company's
relevant documents for other factors that may affect the company's
future operating results. The company is under no obligation to
make public amendments to changes in these forward-looking
statements due to specific events or reasons after the declaration
of these documents.
For more information, please contact:
The Company: IR Department Email:
IR@sdh365.com
Investor Relations: Janice Wang EverGreen
Consulting Inc. Email: IR@changqingconsulting.com Phone: +1
571-464-9470 (from U.S.) +86 13811768559 (from China)
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