China Sandi proposes 200-to-1 share consolidation in capital reorganization plan

• China Sandi unveiled a capital reorganization featuring a 200-to-1 share consolidation, capital reduction, then subdivision of authorized but unissued shares.
• Ordinary shares: 200 existing shares at HK$0.01 to convert into 1 consolidated share at HK$2; issued shares to fall to 25,441,037.
• Par value on issued shares to drop from HK$2 to HK$0.001; HK$1.999 per share shifted to contributed surplus.
• Board lot to change to 2,000 new consolidated shares from 6,000 existing shares, subject to the reorganization.
• Reorganization expected to take effect Oct. 6, 2026; board-lot change expected Oct. 21, 2026.

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. China Sandi Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260817-12287661), on August 17, 2026, and is solely responsible for the information contained therein.