AGM/EGMMay 6, 2026, 06:17 AM
JIADE Ltd Shareholders Approve Share Consolidation, Director Re-elections
AI Summary
JIADE Limited held its Annual General Meeting of Shareholders on May 4, 2026, where several key resolutions were approved. Shareholders re-elected five directors and ratified the appointment of Enrome LLP as the independent auditor for the year ending December 31, 2026. Additionally, the company received approval for a share consolidation at a ratio between 1-for-2 and 1-for-100, a subsequent change in authorized share capital, and the adoption of a Third Amended and Restated Memorandum and Articles of Association, which will increase the voting power of Class B ordinary shares from 50 to 90 votes per share.
Key Highlights
- Shareholders re-elected Yuan Li, Xiaohui Li, Shuang Qiu, Yi Chen, and Shang Wu as directors.
- Approved the appointment of Enrome LLP as the independent registered public accounting firm for 2026.
- Approved a share consolidation at a ratio of 1-for-2 to 1-for-100, to be determined by the Board.
- Approved a change in the authorized share capital following the share consolidation.
- Approved the Third Amended and Restated Memorandum and Articles of Association.
- Class B ordinary share voting power changed from 50 votes to 90 votes per share.
- All resolutions passed with over 99.5% of exercisable votes present at the meeting.