Lianhe Sowell International Group Ltd will implement a 1-for-16 share consolidation to maintain its listing on the Nasdaq Capital Market. The consolidation affects all shareholders uniformly and will not alter any shareholder's percentage interest in the company's outstanding ordinary shares, except for adjustments resulting from the treatment of fractional shares. Trading on a post-consolidation basis is scheduled to begin on June 22, 2026, under the same symbol "LHSW" but with a new CUSIP number of G5480C112.

Share Consolidation Details

Upon effectiveness, every 16 Class A ordinary shares with a par value of US$0.0001 each will be consolidated into one Class A ordinary share with a par value of US$0.0016 each. The same ratio applies to Class B ordinary shares. No fractional shares will be issued; instead, any fractional shares resulting from the consolidation will be rounded up to the next whole number.

Outstanding Shares Impact

Immediately prior to the consolidation, the company had 52,000,000 Class A ordinary shares and 3,000,000 Class B ordinary shares issued and outstanding. Following the consolidation, the total issued and outstanding shares will be approximately 3,250,000 Class A ordinary shares and 187,500 Class B ordinary shares, subject to the rounding up of fractional shares.

Approval Timeline

The board of directors approved the share consolidation on May 14, 2026. Subsequently, the company's shareholders approved the measure on May 28, 2026.