Wah Fu Education Group Amends Share Structure at 2025 Annual Meeting

Wah Fu Education Group ( (WAFU) ) has issued an announcement.

On January 10, 2025, Wah Fu Education Group Ltd. held its Annual General Meeting in Beijing, where shareholders approved key resolutions, including the amendment of the company’s memorandum to create a new class of Class A shares, each with fifteen votes, and the increase of the authorized share count to 600 million. Additionally, a resolution for the redemption and reissue of 1,488,000 shares to HFGFR Inc. was approved. These changes aim to enhance the company’s governance structure and potentially expand its market presence.

More about Wah Fu Education Group

Wah Fu Education Group Ltd. operates within the education industry, focusing on providing online education services and related technology solutions primarily in China.

YTD Price Performance: -1.15%

Average Trading Volume: 203,242

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $7.59M

Learn more about WAFU stock on TipRanks’ Stock Analysis page.