XinXiang Era Group Company Limited (8519) has announced that its share consolidation will become effective on 20 October 2025. Upon the effective date, the company will commence dealing in consolidated shares on the Stock Exchange, and new share certificates in green will be issued to distinguish them from the existing purple certificates.

According to the announcement, the share consolidation will reduce every four existing shares to one consolidated share. As a result, the number of outstanding share options will be adjusted from 40,000,000 existing shares to 10,000,000 consolidated shares, with the exercise price per consolidated share shifting proportionally from HK$0.30 to HK$1.20. The terms and conditions of the share option scheme otherwise remain unchanged. Furthermore, the total number of shares available for future share option grants will be adjusted from 1,800,000 existing shares to 450,000 consolidated shares.

The independent financial adviser of XinXiang Era Group Company Limited has confirmed in writing that these adjustments comply with the relevant share option scheme provisions and the GEM Listing Rules. The board has stated that all previously announced conditions for the share consolidation have been fulfilled, and the effective arrangement will proceed as scheduled on 20 October 2025.