Shinhwa World (00582.HK) announced that it intends to carry out a share capital restructuring, which will involve the following matters: share consolidation, where each of the 10 shares of the company's issued share capital will be consolidated into a consolidated share of HK$0.10 per share; with share capital reduction, the company's issued share capital will be reduced by canceling any fragmented consolidated shares in the company's issued share capital after the share merger to the nearest full number; and Cancellation of HK$0.09 per issued consolidated share at the time The paid-up share capital of the company reduced the face value of each issued consolidated share from HK$0.10 to HK$0.01.