AGM/EGMJun 12, 2026, 08:51 AM
Cheche Group Shareholders Approve 35-for-1 Share Consolidation
AI Summary
Cheche Group Inc. announced the results of its Extraordinary General Meeting held on June 12, 2026. Shareholders approved a 35-for-1 share consolidation for both Class A and Class B ordinary shares, which will also change their par values. Additionally, the amendment of the company's memorandum and articles of association to reflect the share consolidation was also approved.
Key Highlights
- Shareholders approved a 35-for-1 share consolidation for Class A ordinary shares.
- Shareholders approved a 35-for-1 share consolidation for Class B ordinary shares.
- The par value of Class A ordinary shares will change from US$0.00001 to US$0.00035.
- The par value of Class B ordinary shares will change from US$0.00001 to US$0.00035.
- Shareholders approved amending and adopting new memorandum and articles of association to reflect the consolidation.
Price Impact
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