Apr. 17 at 3:59 PM
$MI As an ordinary resolution, subject to the approval and implementation of the Share Capital Reduction and Reorganization, that the Company increase its
authorised share capital (the “Share Capital Increase”):
From: US
$50,000 divided into 90,000,000 Class A Ordinary Shares of a nominal or par value of US
$0.0005 each and 10,000,000 Class B Ordinary
Shares of a nominal or par value of US
$0.0005 each;
To: US
$5,000,000 divided into 9,000,000,000 Class A Ordinary Shares of a nominal or par value of US
$0.0005 each and 1,000,000,000 Class B Ordinary
Shares of a nominal or par value of US
$0.0005 each;
by creating an additional 8,910,000,000 Class A Ordinary Shares of a nominal or par value of US
$0.0005 each and an additional 990,000,000 Class B
Ordinary Shares of a nominal or par value of US
$0.0005 each,
(the “Share Capital Increase Proposal”).