Huachen AI Parking holds extraordinary shareholder meeting
HCAI•Shareholders approved a 20-for-1 consolidation of Class A and Class B ordinary shares, effective October 23, 2026, and reduced Class B voting rights from 200 votes per share to 30.
1. Shareholder approvals
At an extraordinary meeting on October 13, 2026, shareholders approved consolidating Class A and Class B ordinary shares on a 20-for-1 basis, effective October 23, with fractional shares rounded up to whole shares. They also approved reducing Class B voting rights from 200 votes per share to 30 and adopting amended governing documents conditional on approval of both measures.
