Nuobikan Artificial Intelligence Technology (Chengdu) Co., Ltd. (Stock Code: 2635) has issued an announcement detailing a plan to subdivide each existing issued share with a nominal value of RMB1.00 into ten shares at RMB0.10 each. Subject to shareholder approval at an upcoming Extraordinary General Meeting on March 9, 2026, the registered capital remains at RMB37.87 million, though the number of shares will increase from 37.87 million to 378.67 million after the subdivision, all fully paid.

According to the announcement, the company also plans to amend the Articles of Association to reflect the changes in share capital. Upon the subdivision’s becoming effective, the board lot size for H Shares on the Hong Kong Stock Exchange is expected to change from 50 shares to 100 subdivided shares. This modification aims to lower trading costs per board lot. The theoretical closing price per subdivided share, calculated based on the last trading date’s HK$412.00 per share on February 20, 2026, would be HK$41.20.

The announcement indicates that the subdivision seeks to broaden the shareholder base by enhancing liquidity and lowering the investment barrier. In line with this, the company has clarified that the new share certificates—available in blue—can be exchanged free of charge from March 11 through April 21, 2026. The plan remains subject to regulatory approvals and completion of the necessary procedures. Shareholders are advised to refer to the official timetable for any changes in dates and to follow the exchange process for new share certificates as outlined in the announcement.