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JIADE LIMITED ( (JDZG) ) has shared an announcement.
On March 5, 2026, Jiade Limited announced it will hold an extraordinary general meeting of shareholders on March 11, 2026, in a hybrid format in Chengdu and online, with a record date of February 23, 2026, for determining voting eligibility. Shareholders will vote on a proposal to consolidate every 25 issued and unissued Class A, Class B, and preference shares into one respective share, maintaining total authorized capital at US$50,000 while reducing the number of authorized shares from 500 million to 20 million and increasing par value per share to US$0.0025.
The board of directors is recommending approval of the 25-for-1 share consolidation, which would simplify Jiade’s capital structure and significantly reduce the number of outstanding and authorized shares without changing the aggregate authorized capital. This move may support Jiade’s Nasdaq compliance and market positioning by boosting the per-share price and streamlining its share base, and the company is soliciting proxies from eligible investors to ensure quorum and passage of the ordinary resolution.
More about JIADE LIMITED
Jiade Limited, incorporated in the Cayman Islands and listed on Nasdaq under the ticker JDZG, is a foreign private issuer with principal executive offices in Chengdu, Sichuan Province, China. The company has a dual-class share structure with Class A and Class B ordinary shares and preference shares, reflecting a capital structure common among growth-oriented Chinese issuers accessing U.S. capital markets.
Average Trading Volume: 5,340,708
Technical Sentiment Signal: Sell
Current Market Cap: $11.01M
For an in-depth examination of JDZG stock, go to TipRanks’ Overview page.