Wetour Robotics shareholders approve authorized capital increase to US$20 billion
WETO•Wetour Robotics shareholders approved raising authorized share capital from US$100,000 to US$20 billion at an Aug. 24, 2026 extraordinary meeting, and approved changing written resolutions to pass by majority voting rights rather than unanimous consent.
1. Capital increase approved
Shareholders approved raising authorized share capital from US$100,000 to US$20 billion at an Aug. 24, 2026 extraordinary meeting. The increase would raise authorized shares from 10 million to 2 billion, creating 1,999,990,000,000 shares, with par value unchanged at US$0.01.
2. Voting rules revised
Shareholders also approved revised constitutional documents allowing ordinary written resolutions to pass by majority voting rights rather than unanimous consent.
