High-Trend International Group, a global ocean technology company, has announced a share consolidation following its Extraordinary General Meeting held on July 16, 2025. The move involves consolidating every 25 issued and unissued class A and class B ordinary shares into one, effectively changing the authorized share capital structure. This restructuring aims to streamline the company's share capital, with class A and class B shares now holding a par value of US$0.0025 each. Additionally, the authorized share capital will be increased significantly, allowing for the creation of more shares in the future.
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