Jiade Limited Announces 10:1 Share Consolidation and Capital Structure Changes

Jiade Limited announced a comprehensive restructuring of its share capital, including a 10:1 share consolidation approved by both the board of directors and shareholders. The company will consolidate all authorized, issued, and unissued ordinary shares, reducing the total from 20,000,000 shares to 2,000,000 shares while increasing the par value from $0.0025 to $0.025 per share. Additionally, the company plans to increase its authorized share capital to $50,000 divided into 2,000,000,000 shares with significantly reduced par values of $0.000025 per share. The restructuring involves issuing new shares to existing holders, repurchasing old shares, and canceling unissued shares. Trading of the consolidated Class A Ordinary Shares will begin on June 1, 2026, on Nasdaq under the same symbol "JDZG" but with a new CUSIP number. No fractional shares will be issued; instead, fractional interests will be rounded up to the next whole share.