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News 2026-09-21 20:18 UTC

Zhongchao shareholders approve share consolidation, capital reduction

Zhongchao Inc. shareholders approved a 1-for-2 consolidation of Class A and Class B ordinary shares, effective 10 days after approval. Shareholders also adopted a share capital reduction and reorganization, and amended and restated memorandum and articles of association, all conditioned on the consolidation taking effe