Boqii Holding Limited announced its 2026 Annual General Meeting on May 6 to vote on proposals including capital reduction, recapitalization, articles amendment, potential share consolidation, and adjournment.
Key takeaways
AGM scheduled for May 6, 2026 at 8:00 p.m. Beijing Time in Shanghai.
Proposal 1: Reduce par value from US$0.16 to US$0.0000001 per share, creating distributable reserves; subdivide unissued shares by 1:1,600,000.
Proposal 2: Increase authorized capital from US$12.5 (125M shares) to US$2,000 (20B shares) post-reduction.
Current issued shares: 4,879,614 post-reduction, comprising 4,298,128 Class A, 81,486 Class B, 500,000 Class C.
Proposal 4: Authorize board to consolidate shares at 1-for-200 or lesser ratio within 2 years.
Record date: April 20, 2026; proxy materials available at ir.boqii.com and www.proxyvote.com.