Utime Limited completed a 10-for-1 share consolidation effective June 22, 2026, amending its Articles of Association. On July 13, 2026, the company canceled 3,672 Class A ordinary shares issued to 23 offshore investors due to payment failures in 2025 private placements. Additionally, on July 22, 2026, the company granted 180,000 restricted Class A ordinary shares to each of its five directors under the 2026 Equity Incentive Plan. Utime Limited operates in the technology sector, providing software and digital solutions.