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XChange TECINC ( (XHG) ) has shared an announcement.
On January 24, 2025, XChange TEC.INC held its annual general meeting in Shanghai, China, where shareholders approved significant changes to the company’s share structure. The resolutions included a share consolidation, increasing the nominal value of shares, and a capital reduction plan aimed at offsetting accumulated losses. These strategic moves are expected to streamline the company’s capital structure and improve financial flexibility, potentially enhancing shareholder value and positioning the company more favorably within its industry.
More about XChange TECINC
YTD Price Performance: -15.98%
Average Trading Volume: 4,241,061
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $5.53M
See more data about XHG stock on TipRanks’ Stock Analysis page.