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Lianhe Sowell shareholders approve share consolidation plan at extraordinary meeting

PUBT·05/29/2026 12:31:04
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Lianhe Sowell shareholders approve share consolidation plan at extraordinary meeting
  • Lianhe Sowell International Group held an extraordinary shareholder meeting on May 29, 2026.
  • Shareholders backed a 16-for-1 consolidation of Class A and Class B ordinary shares; implementation remains at the board’s discretion.
  • They also endorsed raising authorized share capital to USD 80 million, subject to the share consolidation taking effect.
  • Shareholders adopted amended and restated memorandum and articles to reflect the consolidation and capital increase, conditional on those actions being effected.
  • They further authorized potential additional share consolidations over two years and related charter amendments, each contingent on board approval and execution.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lianhe Sowell International Group Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605290830PRIMZONEFULLFEED9728740) on May 29, 2026, and is solely responsible for the information contained therein.