The board of directors of aidigong (stock code: 286) recommends a share consolidation, which consolidates every 40 existing shares with a par value of HKD 0.01 into one consolidated share with a par value of HKD 0.4. The share consolidation will be subject to the approval of an ordinary resolution passed by the shareholders at a special general meeting, the approval of the Listing Committee for the listing and trading of the consolidated shares, and compliance with the Bermuda laws and listing rules before it can be implemented. The share consolidation is expected to take effect on July 22, 2024, and shareholders do not need to relinquish their voting rights. After the consolidation, the company's authorized share capital will remain at HKD 80,800,000,000, divided into 2,000,000,000 consolidated...Show More

The board of directors of aidigong (stock code: 286) recommends a share consolidation, which consolidates every 40 existing shares with a par value of HKD 0.01 into one consolidated share with a par value of HKD 0.4. The share consolidation will be subject to the approval of an ordinary resolution passed by the shareholders at a special general meeting, the approval of the Listing Committee for the listing and trading of the consolidated shares, and compliance with the Bermuda laws and listing rules before it can be implemented. The share consolidation is expected to take effect on July 22, 2024, and shareholders do not need to relinquish their voting rights. After the consolidation, the company's authorized share capital will remain at HKD 80,800,000,000, divided into 2,000,000,000 consolidated shares. In addition, the company will send a detailed circular to shareholders on or before July 3, 2024. The board believes that the share consolidation will not have a significant adverse effect on the financial position of the company and will help to increase the share trading price and attract more investors. After the share consolidation, each trading unit will remain at 2,000 consolidated shares. The company has no plans within the next 12 months to take any action that may weaken or have a negative impact on the purpose of the share consolidation.