On 17 April 2026, WellCell Holdings Co., Limited held an extraordinary general meeting (EGM) at which shareholders voted by poll to approve a one-for-four share subdivision. All 477.98 million votes cast—representing 100.00% of shares voted—supported the ordinary resolution, with no votes recorded against it.

Following fulfillment of all requisite conditions, the share split will take effect on 21 April 2026. Trading in the subdivided shares on the Stock Exchange of Hong Kong will begin at 9:00 a.m. the same day. Holders may exchange existing light-yellow share certificates for new light-green certificates free of charge from 21 April 2026 to 29 May 2026 at the company’s Hong Kong branch registrar, Boardroom Share Registrars (HK) Limited. Existing certificates will remain valid as proof of legal title on a 1-to-4 basis.

The Board also announced that Executive Director Mr. Li Shihua has resigned, effective 17 April 2026, to focus on other business commitments. Mr. Li departs from the Board and relinquishes his role as chairman of the Investment Committee but remains a director of WellCell Tech (HK) Co., Limited and Shenzhen Jingwei Yunlian Technology Co., Ltd., both wholly-owned subsidiaries. Mr. Li confirmed no outstanding claims or disagreements with the Board.

Consequent to the resignation, executive director Mr. Zhang Xiaolong has been re-designated as chairman of the Investment Committee, while independent non-executive director Mr. Chan Wai Dune joins the committee as a member.

As of 17 April 2026, the Board comprises three executive directors (Mr. Qian Fenglei, Mr. Jia Zhengyi, and Mr. Zhang Xiaolong), one non-executive director (Mr. Lin Qihao), and three independent non-executive directors (Mr. Wong Che Man Eddy, Ms. Dan Xi, and Mr. Chan Wai Dune).