XChange Tec. Inc. Announces Share Consolidation at 100,000:1 Ratio Effective January 2025

Reuters09-04

XChange Tec. Inc. Announces Share Consolidation at 100,000:1 Ratio Effective January 2025

XChange Tec.Inc has announced a significant change in its stock structure with a share consolidation set to take effect on January 24, 2025. The consolidation will occur at a ratio of 100,000:1 for ordinary shares. Additionally, effective November 8, 2024, the company altered the ratio of its American depositary shares (ADSs) from one ADS representing 600,000 Class A ordinary shares to one ADS representing 12,000,000 Class A ordinary shares, effectively enacting a one-for-twenty reverse ADS split. This move is part of the company's efforts to streamline its share structure.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. XChange Tec.Inc published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-084064), on September 03, 2025, and is solely responsible for the information contained therein.

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