CCSC Technology International Holdings Limited Announces 1-for-10 Reverse Stock Split Effective January 23, 2026

Core Viewpoint - CCSC Technology International Holdings Limited will implement a reverse stock split of its ordinary shares on a 1-for-10 basis to comply with Nasdaq Marketplace Rule 5550(a)(2) regarding minimum bid price requirements [1][2]. Company Overview - CCSC Technology International Holdings Limited is a Hong Kong-based company specializing in the sale, design, and manufacturing of interconnect products, including connectors, cables, and wire harnesses [5]. - The company serves a diverse range of industries such as industrial, automotive, robotics, medical equipment, computer, network and telecommunication, and consumer products [5]. - CCSC operates under both Original Equipment Manufacturer (OEM) and Original Design Manufacturer (ODM) models, catering to manufacturing companies and electronic manufacturing services [5]. - The company has a global customer base across more than 25 countries in Asia, Europe, and the Americas [5]. Reverse Stock Split Details - The reverse stock split will take effect on January 23, 2026, with Class A ordinary shares trading under the symbol "CCTG" and a new CUSIP number G1993R118 [1]. - The split will consolidate every ten shares of Class A and Class B ordinary shares into one share, reducing the total number of outstanding Class A shares from approximately 34,134,950 to about 3,413,495, and Class B shares from approximately 5,000,000 to about 500,000 [4]. - Any fractional shares resulting from the reverse stock split will be rounded up to the next whole number, ensuring no fractional shares are issued [3].

CCSC Technology International Holdings Limited Announces 1-for-10 Reverse Stock Split Effective January 23, 2026 - Reportify