The consolidation process will see every 25 issued and unissued shares, currently holding a par value of US$0.0002, combined into a single share with a par value of US$0.005. Following the effective date, the company’s Class A ordinary shares will resume trading on the Nasdaq Capital Market under a new CUSIP number, G38617133. This adjustment applies uniformly to all shareholders, ensuring that individual ownership percentages remain unchanged.

Existing warrants will undergo a proportional adjustment, reducing the number of issuable shares while concurrently raising exercise prices. Shareholders are not required to take any action; accounts held through brokers, banks, or other nominees will be updated automatically. Any fractional shares resulting from the consolidation will be rounded down to the nearest whole share. The company anticipates that the higher per-share price will improve the overall marketability of its stock on the exchange.