Lvji Technology Holdings Inc. Announces Poll Results and Share Consolidation Approval
Key Highlights for Investors
- Extraordinary General Meeting (EGM) Held: The EGM took place on Monday, July 27, 2026, at 9:30 a.m. in Guangzhou, PRC. All directors were in attendance.
- All Proposed Resolutions Passed: Shareholders voted in favor of all resolutions presented at the EGM via poll, including the critical resolution regarding share consolidation.
- Share Consolidation Approved: Every fifty (50) existing shares of par value USD\$0.01 will be consolidated into one (1) share of par value USD\$0.5. This change will take effect on Wednesday, July 29, 2026. Trading of the consolidated shares will commence at 9:00 a.m. on the same day.
- Strong Shareholder Support: The share consolidation resolution saw overwhelming approval, with approximately 99.98% of votes in favor and only 0.02% against.
- No Shareholder Abstentions or Disqualifications: No shareholders were required to abstain, and none indicated an intention to vote against or abstain from any resolution.
- Listing Approval Received: The Listing Committee has approved the listing and trading of the new consolidated shares.
- Fractional Shares Handling: Fractional consolidated shares will not be issued but aggregated and, if possible, sold for the benefit of the company.
- Free Exchange and Odd Lot Arrangements: Arrangements for free exchange of share certificates and matching services for odd lots will be provided. Refer to the circular for more details.
Details of the Share Consolidation
The share consolidation, a significant corporate action, will see every fifty (50) existing shares combined into one (1) consolidated share. The primary objective of this action is typically to increase the trading price per share and enhance the company’s profile among institutional investors. The move may also reduce volatility caused by low-priced shares and improve overall market perception.
The company confirmed that there are currently no treasury shares in issue, and all 2,530,801,012 existing shares are eligible for consolidation. Shareholders should be aware that following the consolidation, the number of shares they hold will decrease proportionally, but their percentage ownership and the aggregate value of shares should remain unchanged, subject to market movements.
Potential Impact on Share Price and Shareholder Considerations
- Price Sensitive Event: Share consolidations often attract investor attention and can affect share price due to changes in liquidity and perception. Investors should monitor trading volumes and price movements closely following the effective date.
- Odd Lot Trading: Investors left with odd lots after the consolidation may face lower market liquidity for these shares, but the company will provide matching services to facilitate trading of odd lots.
- No Dilution or Loss of Rights: The consolidation does not dilute shareholder ownership, and consolidated shares will maintain the same rights as before.
- Corporate Governance: The unanimous board attendance and overwhelming shareholder support demonstrate strong governance and alignment between management and investors.
- Timeline: The effective date for the share consolidation and commencement of trading in consolidated shares is Wednesday, July 29, 2026, at 9:00 a.m.
Board Composition
As of the announcement date, the Board comprises three executive directors: Mr. Zang Weizhong (Chairman), Mr. Wang Lei, and Mr. Liu Hui; and four independent non-executive directors: Ms. Gu Jianlu, Ms. Gu Ruizhen, Mr. Wu Qiang, and Mr. Wang Lu.
Conclusion
The approval and implementation of the share consolidation is a notable event for Lvji Technology Holdings Inc. and its investors, potentially impacting share price, liquidity, and investor perception. Shareholders are encouraged to review the company’s circular for detailed arrangements and stay informed about trading and administrative changes arising from the consolidation.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence or consult professional advisers before making investment decisions. The author and publisher accept no liability for any losses arising from reliance on this information.
香港綠跡科技控股有限公司公告：股東特別大會投票結果及股份合併獲批准（粵語版）
投資者重點概要
- 特別股東大會召開： 會議於2026年7月27日（星期一）上午9:30在廣州市天河區Buddy酒店4樓會議室舉行，全體董事出席。
- 所有議案獲高票通過： 所有提交大會的議案，包括股份合併議案，均以投票方式獲得股東通過。
- 股份合併獲批： 每50股面值0.01美元的股份合併為1股面值0.5美元的新股份，將於2026年7月29日（星期三）起生效，合併後股份將於當日上午9時開始在聯交所交易。
- 股東強烈支持： 股份合併議案獲約99.98%股東贊成，僅0.02%反對。
- 無股東需回避或反對： 所有股東均有權投票，未有人表示反對或棄權。
- 上市批准已獲得： 上市委員會已批准合併股份的上市及買賣。
- 零碎股份處理： 合併產生的零碎股份將不予發行，將匯總後按董事會認為合適的方式出售，收益歸公司所有。
- 免費換證及零碎股份配對服務： 公司將安排免費換發新股份證書及為零碎股份持有人提供配對服務，詳情請參閱通函。
股份合併詳情
是次股份合併將每50股現有股份合併為1股新股份，目的是提升每股交易價格，增強機構投資者關注度，減少因低價股產生的波動，及改善市場形象。合併後，持股數量會按比例減少，但持股比例及總價值（受市場影響）不變。
對股價及股東需注意事項
- 潛在價格影響： 股份合併屬敏感事件，或會影響股價及流動性，建議股東緊貼合併後的市場動態。
- 零碎股交易： 合併後出現零碎股，流通性或降低，公司會提供配對服務協助交易。
- 無稀釋或權益損失： 合併不會稀釋股東權益，合併後股份權利不變。
- 公司治理透明： 全體董事出席及壓倒性支持反映公司治理良好，管理層與投資者高度一致。
- 時間表： 股份合併及新股交易將於2026年7月29日（星期三）上午9時開始。
董事會組成
截至公告日，董事會由三位執行董事（臧偉中主席、王磊、劉暉）及四位獨立非執行董事（顧劍璐、顧瑞珍、吳強、王璐）組成。
總結
股份合併的批准及實施對公司及投資者均具重要意義，或會影響股價、流動性及市場觀感，建議股東細閱公司通函，留意相關交易及行政安排。
免責聲明： 本文僅供資訊參考，並不構成任何投資建議。投資者應自行審慎評估或諮詢專業意見，作者及發布方對任何依賴本文而導致的損失概不負責。
