Qidian International Co., Ltd. (HK:1280) has released an update.
Qidian International Co., Ltd. shareholders have unanimously approved an increase in the company’s authorized share capital during an extraordinary general meeting, paving the way for the creation of additional shares. The decision enables the company to expand its share capital from US$12 million to US$100 million, with the issuance of new shares. All proposals at the meeting were passed, with certain shareholders abstaining from votes due to interest in the transactions discussed.
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