Wisdom Sports Group (HK:1661) has released an update.
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China Frontier Technology Group, formerly Wisdom Sports Group, has announced an extraordinary general meeting to discuss a major share consolidation, converting every ten shares into one. This move aims to streamline their share structure, followed by an increase in the authorized share capital to 2 billion shares. These changes reflect the company’s strategic efforts to enhance its financial framework and market position.
For further insights into HK:1661 stock, check out TipRanks’ Stock Analysis page.
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