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XChange TECINC ( (XHG) ) has provided an announcement.
XChange TEC.INC has announced its annual general meeting scheduled for January 24, 2025, in Shanghai, China. The company plans to consolidate its shares, changing the authorized share capital structure significantly. This restructuring will involve consolidating every 100,000 shares into one and increasing the authorized share capital by creating additional unissued shares. A special resolution will also be discussed to amend the company’s memorandum and articles of association to reflect these changes, potentially impacting the company’s financial structuring and stakeholder equity.
More about XChange TECINC
YTD Price Performance: -97.62%
Average Trading Volume: 868,785
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $224.7K
See more data about XHG stock on TipRanks’ Stock Analysis page.