Nuobikan Artificial Intelligence Technology (Chengdu) Co., Ltd. (2635) has scheduled its first extraordinary general meeting for March 9, 2026, to seek shareholder approval for several proposals, including a share subdivision and a change in trading board lot size.

According to the announcement, the company plans to subdivide each issued share from a par value of RMB1.00 into ten shares with a par value of RMB0.10 each. This will increase total issued shares from 37.87 million to 378.67 million while keeping the overall share capital unchanged. If approved, trading in subdivided shares is expected to begin on March 11, 2026.

In conjunction with the subdivision, the board lot size for H shares on the Hong Kong Stock Exchange would change from 50 to 100 subdivided shares. Management believes the move could help lower the entry price per board lot, thereby improving market liquidity and broadening the shareholder base.

The agenda also features the proposed appointment of Wang Huan as an independent non-executive director. Separately, the board is seeking to appoint Ernst & Young as the auditor for 2025, with an audit fee of RMB1.45 million. Shareholders will be asked to vote on all these items at the upcoming extraordinary general meeting.