Recent Updates — CIIT
Tianci Group Holding Limited entered into an Equipment Procurement Agreement with McQueen Tech Co., Limited to purchase US$500,000 of Model S21 XP cryptocurrency mining equipment manufactured by Bitmain. Tianci Group paid a deposit of US$250,000 on or before August 31, 2026, with the remaining balance due upon inspection completion. McQueen will provide advisory services for deployment and identify hosting locations at no additional cost. The company plans to enter the cryptocurrency mining business to facilitate settlement of mining trade operations. Tianci International, Inc. operates in the lithium battery materials industry.
On July 29, 2026, the Compensation Committee granted 100,000 shares of common stock under the 2024 Equity Incentive Plan. The grants included 85,000 shares to three officers: CEO Shufang Gao received 45,000 shares, CFO Wei Fang received 20,000 shares, and VP Ying Deng received 20,000 shares. An additional 15,000 shares were granted to an employee and a consultant. Tianci International operates in the lithium battery materials industry.
Tianci International, Inc. has incorporated Ridgcore Resources (Private) Limited as a wholly-owned subsidiary in Zimbabwe to serve as its local operating entity for mineral products. The new entity will manage warehouse facilities, logistics, and operational activities to support the company's chromium ore business. The company is currently advancing a lease for approximately 3 hectares of land to develop a first-phase warehouse base with a 50,000 metric ton storage capacity. These initiatives aim to increase the company's total monthly chromium ore supply capacity to over 10,000 metric tons. Tianci International, Inc. is a logistics and mineral trading company.
Tianci International, Inc. filed an amendment to its previous 8-K to update the adjustment of Common Warrants following a reverse stock split. The exercise price for approximately 1,602,795 issuable shares of common stock will be reduced to the Event Market Price, which is the lowest volume-weighted average price during the Share Combination Adjustment Period. As of the July 21, 2026, market close, the Event Market Price was determined to be $3.06. The company is a provider of consumer goods.
Tianci International, Inc. implemented a 1-for-10 reverse stock split effective July 20, 2026, reducing the number of issued and outstanding shares from 9,673,907 to 967,391. The split was intended to maintain compliance with Nasdaq Listing Rule 5550(a)(2) regarding minimum bid price requirements. Tianci International, Inc. is a global logistics service provider specializing in ocean freight forwarding.