Wellchange Holdings Co Ltd

Wellchange Holdings Company Limited announced the appointment of two independent directors, Mr. Lau Yun Chau and Mr. Lau Chun, effective June 10, 2026. Mr. Lau Yun Chau, who previously served on the board, brings over 8 years of advertising industry experience and will receive US$7,000 annually. Mr. Lau Chun, with over 30 years in financial leadership and corporate governance, will receive US$18,000 annually. Both appointments ensure the board maintains a majority of independent directors, aligning with Nasdaq Listing Rules.

Wellchange Holdings Co Ltd has announced a series of shareholder meetings to be held on July 6, 2026. Key proposals include increasing the voting power of Class B ordinary shares, consolidating Class A ordinary shares on a 1-for-400 basis, reducing the par value of all shares, and significantly increasing the authorized share capital. The Board of Directors unanimously recommends that shareholders vote in favor of all proposed resolutions.