U-BX Technology Ltd. has scheduled its Annual General Meeting for October 24, 2024, at 2:00 p.m. Beijing Time. The meeting will address several significant proposals, including the re-appointment of four directors and the approval of HTL International as the company's independent auditor for the fiscal year ending June 30, 2025.Key proposals include a substantial increase in authorized share capital from $50,000 to $1,000,000, and a share consolidation at a ratio between 1-for-5 and 1-for-20, to be determined by the Board. The company also seeks approval for a private placement to raise $6 million, with participation from CEO Jian Chen and COO Mingfei Liu.Shareholders will vote on adopting amended Articles of Association to reflect these changes. The Board recommends voting in favor of all proposals, emphasizing their importance for the company's strategic objectives and compliance with Nasdaq listing requirements.

U-BX Technology Ltd. has scheduled its Annual General Meeting for October 24, 2024, at 2:00 p.m. Beijing Time. The meeting will address several significant proposals, including the re-appointment of four directors and the approval of HTL International as the company's independent auditor for the fiscal year ending June 30, 2025.Key proposals include a substantial increase in authorized share capital from $50,000 to $1,000,000, and a share consolidation at a ratio between 1-for-5 and 1-for-20, to be determined by the Board. The company also seeks approval for a private placement to raise $6 million, with participation from CEO Jian Chen and COO Mingfei Liu.Shareholders will vote on adopting amended Articles of Association to reflect these changes. The Board recommends voting in favor of all proposals, emphasizing their importance for the company's strategic objectives and compliance with Nasdaq listing requirements.