Summary by Futu AI
AIDIGONG announced on July 3, 2024 that the letter regarding the share consolidation and new share subscription, originally scheduled to be sent to shareholders on the same day or before, will be delayed until July 10 or before. The proposed share consolidation and new share subscription is aimed to obtain consideration and approval from shareholders at a special meeting. The company needs additional time to prepare the contents of the letter, which will include a revised expected timetable for the share consolidation and further details on the subscription agreement. The board of directors led by Ms. Wang Aier, the chairman of AIDIGONG, will present these matters at the special meeting for shareholders' discretionary approval.