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China Supply Chain Calls EGM for Share Consolidation, Capital Expansion and Name Change

Story Highlights
  • China Supply Chain will seek approval for a 10‑for‑1 share consolidation and a major increase in authorised share capital at a January 2026 extraordinary general meeting.
  • The company plans to change its name to World Digital Economy Asset Group Limited, indicating a strategic rebranding that may reshape its market positioning and future capital actions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Supply Chain Calls EGM for Share Consolidation, Capital Expansion and Name Change

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China Supply Chain Holdings Limited ( (HK:3708) ) just unveiled an announcement.

China Supply Chain Holdings Limited has called an extraordinary general meeting in Hong Kong on 9 January 2026 to seek shareholder approval for a 10‑for‑1 share consolidation, under which every ten existing shares of HK$0.002 par value will be combined into one consolidated share of HK$0.02, with fractional shares to be aggregated and disposed of for the company’s benefit. Conditional on this consolidation, the company also proposes to increase its authorised share capital tenfold to HK$200 million by creating an additional 9 billion consolidated shares, and to rebrand itself as World Digital Economy Asset Group Limited with a new Chinese name, signalling a potential strategic repositioning of the listed vehicle and laying the groundwork for future capital raising or expansion, moves that could materially affect its capital structure and market identity for shareholders and other stakeholders.

The most recent analyst rating on (HK:3708) stock is a Hold with a HK$0.05 price target. To see the full list of analyst forecasts on China Supply Chain Holdings Limited stock, see the HK:3708 Stock Forecast page.

More about China Supply Chain Holdings Limited

China Supply Chain Holdings Limited is a Cayman Islands–incorporated company listed on the Hong Kong Stock Exchange. While its detailed business segments are not described in the notice, the group operates under a supply-chain-focused corporate identity and is positioned as a Hong Kong–based listed entity with operations and shareholder base significant enough to require an extraordinary general meeting for corporate actions relating to its capital structure and branding.

Average Trading Volume: 58,870,164

Technical Sentiment Signal: Buy

Current Market Cap: HK$255.1M

See more insights into 3708 stock on TipRanks’ Stock Analysis page.

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