Lucas GC Limited Announces Effective Date of Share Consolidation and Dual-Class Share Structure

Core Points - Lucas GC Limited will implement a forty-for-one share consolidation and adopt a dual-class share structure on October 13, 2025 [1][4] - The share consolidation will change the par value of shares from US$0.000005 to US$0.0002, resulting in an authorized share capital of US$50,000 divided into 250,000,000 consolidated shares [2][3] - The dual-class share structure will consist of 235,000,000 Class A ordinary shares and 15,000,000 Class B ordinary shares, both with a par value of US$0.0002 [2][3] Shareholder Impact - All issued and outstanding ordinary shares will be affected by the share consolidation, and shareholders will not need to take any action to receive post-consolidated shares [5][7] - The consolidation will not alter any shareholder's percentage interest in the company's equity, and no fractional shares will be issued [5][6] Market Expectations - The company anticipates that the share consolidation will lead to an increase in the market price per share of the Class A ordinary shares [6] - A new CUSIP number, G57037114, has been assigned to the Class A ordinary shares following the consolidation and dual-class structure adoption [4] Company Overview - Lucas GC Limited is an AI technology-driven Platform-as-a-Service company with applications in the human resources and insurance sectors, holding 19 U.S. and Chinese patents and over 75 registered software copyrights [8] - The company operates with over 780,320 agents on its platform [8]