MicroPort CardioFlow Medtech Corporation (02160) announced a share consolidation effective 24 February 2026. According to the document, every five existing shares of par value US$0.000005 each were consolidated into one consolidated share of par value US$0.000025 each. Following this capital reorganization, the total number of issued shares (excluding treasury shares) decreased by 5,093,245,756 shares, representing approximately 80.00% of the company's previously issued shares.
As of the closing balance on 24 February 2026, the company reported 1,273,311,439 issued shares (excluding treasury shares), down from 6,366,557,195 shares on 31 January 2026. The announcement confirms that all necessary board authorizations and regulatory compliance measures were satisfied for the share consolidation.