Shanghai Zhida Technology Development Co., Ltd. (Stock Code: 2650) issued an announcement on 10 February 2026, revising its expected timetable for the Proposed Share Subdivision due to additional time required for technical and logistical arrangements. The timetable remains subject to approval at the Extraordinary General Meeting (EGM) and fulfillment of all stipulated conditions.
According to the revised schedule, the EGM is set for 13 February 2026, and the register of members will be closed from 10 to 13 February 2026. If approved, the Proposed Share Subdivision takes effect on 3 March 2026, the same day dealing in the Subdivided H Shares is expected to begin. The original counter for 50 H Shares will temporarily close on 3 March 2026, replaced by a temporary counter for 250 Subdivided H Shares, before reopening on 17 March 2026. Parallel trading will commence on 17 March 2026 and end on 9 April 2026, with free exchange of share certificates concluding on 13 April 2026.
Additional undertakings have been made in connection with the Company’s application for H-share full circulation. Holders of H Shares converted from unlisted shares shall not conduct any share trading from the effective date of the Proposed Share Subdivision to the commencement of parallel trading. The Company emphasized that the Proposed Share Subdivision depends on completion of all required conditions set out in previous disclosures, and it advised shareholders and investors to exercise caution when dealing in the Company’s securities.