Zhongchao held extraordinary shareholder meeting in New York`

• Zhongchao held an extraordinary general meeting of shareholders on Sept. 18, 2026.
• Shareholders authorized a 1-for-2 consolidation of Class A ordinary shares and Class B ordinary shares, effective 10 days after approval.
• A share capital reduction and reorganization was adopted, conditioned on the consolidation taking effect.
• Shareholders also adopted amended and restated memorandum and articles of association, contingent on completion of the capital reduction and reorganization.
• An adjournment resolution was not put to a vote.

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. Zhongchao Inc. 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: 0001213900-26-101807), on September 21, 2026, and is solely responsible for the information contained therein.