Lixiang Education Holding Co., Ltd. will implement a one-for-ten reverse ADS split by changing the ADS ratio from 1:100 to 1:1000 ordinary shares, effective April 20, 2026.
Key takeaways
ADS Ratio Change from 1 ADS to 100 ordinary shares to 1 ADS to 1,000 ordinary shares effective April 20, 2026.
Equivalent to one-for-ten reverse ADS split for ADS holders.
Automatic exchange for DRS and DTC holders with no action required.
No fractional ADSs issued; fractions aggregated, sold, and net proceeds distributed.
ADSs continue trading on Nasdaq Global Market under LXEH symbol.
No impact on underlying ordinary shares; none issued or cancelled.