Huachen AI Parking Holds Extraordinary Shareholder Meeting
Bitget2026/10/14 20:34- Huachen AI Parking shareholders approved a 20-for-1 consolidation of Class A and Class B ordinary shares at an extraordinary meeting October 13, 2026.
- The consolidation is scheduled to take effect October 23, 2026, with fractional shares rounded up to whole shares.
- Shareholders approved reducing Class B ordinary share voting rights from 200 votes per share to 30.
- They also approved adopting amended governing documents reflecting the voting-rights reduction and share consolidation, conditional on approval of both measures.
- Authorization to adjourn the meeting, if necessary, for further proxy solicitation also passed.
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