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Wetour Robotics Limited announced an Extraordinary General Meeting (EGM) for August 4, 2026, to vote on several…
WETOWetour Robotics Ltd
Wetour Robotics Limited announced an Extraordinary General Meeting (EGM) for August 4, 2026, to vote on several structural capital changes. Key proposals include increasing authorized share capital from $100,000 (10 million shares) to $20 billion (2 trillion shares) and reorganizing capital into Class A and Class B ordinary shares. Class B shares, to be held by Micava Co., Ltd. and Annan Tech Co., Ltd., will carry 100 votes per share compared to one vote for Class A. Additionally, the company seeks authorization for future share consolidations with ratios between 2:1 and 250:1 over the next two years. The company operates in the robotics industry and develops robotic systems.