Wetour Robotics holds extraordinary shareholder meeting, backs 100-for-1 share consolidation proposal
WETO•Shareholders approve capital structure changes
Wetour Robotics held an extraordinary shareholder meeting on Aug. 24, 2026, clearing a package of capital structure changes.
Share consolidation plan was approved, endorsing a 100-for-1 reverse split with par value shifting to US$0.01.
The resolution also authorized rounding up fractional share entitlements; the filing steps were authorized but not confirmed as completed.
Shareholders backed an increase in authorized share capital to US$20 billion, contingent on the share consolidation taking effect.
A second amended charter was adopted to reflect the capital changes and allow written ordinary resolutions by majority vote; an adjournment authority was approved.
