SplitMay 28, 2026, 09:27 AM
Cheche Group to Hold EGM for 1-for-35 Share Consolidation
AI Summary
Cheche Group Inc. announced an Extraordinary General Meeting (EGM) to be held on June 12, 2026, to approve a 1-for-35 share consolidation. This action will consolidate every thirty-five issued and unissued Class A and Class B ordinary shares into one share of the respective class. Shareholders will also vote on amending the company's memorandum and articles of association to reflect this change. The record date for voting is May 22, 2026.
Key Highlights
- Cheche Group Inc. will hold an Extraordinary General Meeting (EGM) on June 12, 2026, Beijing time.
- Shareholders will vote on a 1-for-35 share consolidation for both Class A and Class B ordinary shares.
- The par value of Class A and Class B ordinary shares will change from $0.00001 to $0.00035 each.
- The record date for determining shareholders entitled to vote at the EGM is May 22, 2026.
- The EGM will also address amending the Company's memorandum and articles of association to reflect the share consolidation.
Price Impact
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