UTime Limited Extraordinary General Meeting and Share Capital Changes

UTime Limited is holding an Extraordinary General Meeting on September 10, 2026, to vote on several proposals concerning its share capital and corporate structure. The key proposals include increasing the authorized share capital, subdividing existing shares, amending the memorandum and articles of association, and potentially consolidating shares to maintain compliance with Nasdaq's minimum bid price requirement. The company aims to provide flexibility for future financings and strategic transactions, enhance share liquidity, and avoid delisting from Nasdaq. Shareholders will vote on these proposals, with the Board of Directors recommending in favor of all of them. The meeting will also address the adjournment of the meeting if necessary to solicit further proxies.