Jiade Ltd., a Cayman Islands company, announced a share consolidation plan approved by its board and shareholders. Effective June 24, 2025, Jiade's authorized issued and unissued ordinary shares will be consolidated on an 8:1 basis, reducing the number of shares from 200,000,000 to 25,000,000, while maintaining the same par value. The company's Class A Ordinary Shares will continue trading under the symbol "JDZG" on the Nasdaq Capital Market, with a new CUSIP number. The consolidation is part of a broader change in authorized share capital, reclassifying the share structure to include Class A and B ordinary shares, and preference shares.
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