Shanghai Zhida Technology Development Co., Ltd. (2650) held its 2026 first extraordinary general meeting (EGM) on 13 February 2026. Shareholders and proxies representing 33.64 million H Shares (56.26% of the total issued 59.79 million H Shares) voted on a special resolution to subdivide every one existing H Share with par value of RMB1.00 into five H Shares with par value of RMB0.20. The resolution was approved by 100% of the votes cast.
The share subdivision takes effect on 3 March 2026. Upon implementation and assuming no further changes to the share capital, the total number of issued H Shares will be 298.94 million. New share certificates will be issued in yellow, and existing blue certificates will be invalid for trading settlement after 4:10 p.m. on 9 April 2026 but will remain valid as documents of title.