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Lianhe Sowell shareholders approve share consolidation plan at extraordinary meeting

PUBT·06/02/2026 20:45:49
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Lianhe Sowell shareholders approve share consolidation plan at extraordinary meeting
  • Lianhe Sowell International Group held an extraordinary general meeting on May 29, 2026.
  • Shareholders authorized a 1-for-16 consolidation of Class A and Class B ordinary shares, with fractional shares rounded up; execution left to the board.
  • They also backed an increase in authorized share capital to US$ 80 million, split into 45 billion Class A shares and 5 billion Class B shares; effective only if the consolidation is carried out.
  • Shareholders adopted amended and restated governing documents to reflect the consolidation and capital increase, contingent on those actions being implemented.
  • They further approved potential additional share consolidations over two years with an aggregate ratio range of 2:1 to 250:1, plus related future document amendments; timing and terms are at the board’s discretion.


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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-064222), on June 02, 2026, and is solely responsible for the information contained therein.