AGM/EGMOct 21, 2026, 06:06 AM
Youxin Technology Ltd Announces AGM with Share Capital Changes
AI Summary
Youxin Technology Ltd has announced its Annual General Meeting (AGM) scheduled for November 6, 2026. Key proposals include the re-appointment of Marcum Asia CPAs LLP as auditor and the re-appointment of five directors. The company also plans significant corporate actions related to its share capital, including a substantial increase in authorized share capital, a 6-for-1 Class A ordinary share consolidation, a share capital reduction and reorganization, and a second Class A ordinary share consolidation with a ratio to be determined by the board. The Board of Directors unanimously recommends shareholders vote in favor of all proposals.
Key Highlights
- Youxin Technology Ltd to hold Annual General Meeting on November 6, 2026.
- Proposing re-appointment of Marcum Asia CPAs LLP as independent auditor.
- Proposing re-appointment of five directors: Shaozhang Lin, Jinhou Sun, Edward C Ye, Kam Hung Dante Chu, and Yisu Fan.
- Proposing a significant increase in authorized share capital from USD1,640,000 to USD6,552,002,000.
- Proposing a first share consolidation of Class A ordinary shares on a 6-for-1 basis.
- Proposing a share capital reduction and reorganization, reducing par value to USD0.00001.
- Proposing a second share consolidation of Class A ordinary shares with a ratio between 10-to-1 and 100-to-1.
- Board of Directors unanimously recommends shareholders vote FOR all proposals.
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