Digital Currency X Technology shareholders approve share capital reduction plan at EGM

• Digital Currency X Technology held an extraordinary general meeting on May 13, 2026.
• Shareholders adopted a share capital reduction and reorganization that would cut par value of issued Class A and Class B ordinary shares to US$ 0.0001, move resulting credit to a distributable reserve, subdivide authorized but unissued shares, then reduce authorized share capital to US$ 83,333.33 and 833,333,333 shares.
• Shareholders also approved an increase in authorized share capital to US$ 300,000 and 3,000,000,000 shares of par value US$ 0.0001, to take effect immediately following the capital reduction and reorganization becoming effective.
• An amended and restated memorandum and articles of association was adopted, intended to become effective upon the capital reduction and reorganization and the authorized share capital increase taking effect.
• Shareholders expanded board authority to implement one or more share consolidations over up to three years, with aggregate consolidation ratio capped at 4,000-to-1, while leaving execution and timing to board discretion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Digital Currency X Technology Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-023278), on May 15, 2026, and is solely responsible for the information contained therein.