Boqii Holding Limited - Annual General Meeting Notice and Proxy Statement

Boqii Holding Limited has announced its annual general meeting of shareholders, scheduled for May 6, 2026. The meeting will address several key proposals, including a capital reduction, a recapitalization, an amendment to the company's articles of association, and a share consolidation. The capital reduction aims to decrease the par value of ordinary shares from US$0.16 to US$0.0000001, creating flexibility for future share issuances. The recapitalization proposal seeks to increase the authorized share capital significantly, from US$12.5 to US$2,000, allowing for a larger number of shares. The articles amendment proposal is to update the company's governing documents to reflect these changes. Additionally, a share consolidation proposal is presented to increase the per-share market price of Class A ordinary shares and maintain compliance with NYSE American listing requirements, by consolidating every 200 shares into one. An adjournment proposal is also included to allow for further solicitation of proxies if needed. The board of directors recommends voting in favor of all proposals.