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Jiade Limited (NASDAQ: JDZG) shareholders back 25-for-1 share consolidation

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

JIADE LIMITED shareholders approved a major share consolidation at an extraordinary general meeting held on March 11, 2026. Every 25 issued and unissued Class A ordinary shares, Class B ordinary shares and preference shares of US$0.0001 par value will be consolidated into one share of the same class with a par value of US$0.0025.

Following this 25‑for‑1 consolidation, the authorized share capital remains US$50,000 but will consist of 20,000,000 ordinary shares: 15,800,000 Class A, 3,000,000 Class B and 1,200,000 preference shares, all at US$0.0025 par value. A total of 53,480,116 votes (61.52% of exercisable votes) were represented, with 53,070,205 voting for the consolidation, 401,789 against and 8,122 abstaining.

Positive

  • None.

Negative

  • None.

Insights

Jiade consolidates shares 25-for-1 across all classes with strong approval.

JIADE LIMITED is implementing a 25‑for‑1 consolidation of all Class A, Class B and preference shares. The total authorized capital stays at US$50,000, but the number of authorized shares falls from 500,000,000 to 20,000,000, increasing par value per share.

This type of change alters share count and par value but not the aggregate par value of authorized capital. The strong vote in favor—over 53 million votes for versus about 0.4 million against—shows broad shareholder support for simplifying the capital structure as described.

The approved structure specifies 15,800,000 authorized Class A shares, 3,000,000 Class B shares and 1,200,000 preference shares at US$0.0025 par value each. Subsequent company disclosures may outline how the consolidation is implemented in trading and any related timetable.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE

SECURITIES EXCHANGE ACT OF 1934

 

For the month of March 2026

 

Commission File Number: 001-42098

 

JIADE LIMITED

 

18/F, Block D, Huirong Plaza, No. 88, Section 3, Jinhua Road

Jinjiang District, Chengdu City, Sichuan Province

The People’s Republic of China
(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F x  Form 40-F ¨

 

 

 

 

 

 

Results of JIADE LIMITED’s Extraordinary General Meeting

 

At an extraordinary general meeting of shareholders of JIADE LIMITED (the “Company”) held on March 11, 2026, at 9:30 a.m., Eastern Time, the shareholders of the Company approved and adopted resolutions authorizing the following:

 

That every 25 issued and unissued Class A ordinary share of a par value of US$0.0001 each in the Company’s share capital, every 25 issued and unissued Class B ordinary share of a par value of US$0.0001 each in the Company’s share capital, and every 25 issued and unissued preference share of a par value of US$0.0001 each in the Company’s share capital, be consolidated into one Class A ordinary share of a par value of US$0.0025 each, one Class B ordinary share of a par value of US$0.0025 each, and one preference share of a par value of US$0.0025 each, respectively (each a “Consolidated Share”), and each such Consolidated Share shall rank pari passu in all respects with each other and have the rights and privileges and be subject to the restrictions as contained in the amended and restated memorandum and articles of association of the Company (the “Share Consolidation”), so that immediately following the Share Consolidation, the authorized share capital of the Company shall be changed:

 

FROM US$50,000 divided into 500,000,000 ordinary shares of a par value of US$0.0001 each, consisting of (a) 395,000,000 Class A ordinary shares of a par value of US$0.0001 each, (b) 75,000,000 Class B ordinary shares of a par value of US$0.0001 each, and (c) 30,000,000 preference shares of a par value of US$0.0001 each;

 

TO US$50,000 divided into 20,000,000 ordinary shares of a par value of US$0.0025 each, consisting of (a) 15,800,000 Class A ordinary shares of a par value of US$0.0025 each, (b) 3,000,000 Class B ordinary shares of a par value of US$0.0025 each, and (c) 1,200,000 preference shares of a par value of US$0.0025 each.

 

A total of 53,480,116 votes, representing 61.52% of the votes exercisable as of February 23, 2026, the record date, were present in person or by proxy at the extraordinary general meeting. The result of the votes was as follows:

 

Resolution   For   Against   Abstain
Share Consolidation   53,070,205   401,789   8,122

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  JIADE LIMITED
   
Date: March 11, 2026 By: /s/ Yuan Li
  Name: Yuan Li
  Title: Chairman of the Board of Directors

 

 

 

FAQ

What did JIADE LIMITED (JDZG) shareholders approve at the March 2026 meeting?

Shareholders approved a 25-for-1 consolidation of all Class A, Class B and preference shares. Every 25 shares at US$0.0001 par value become one share at US$0.0025 par value, changing the capital structure but keeping total authorized capital at US$50,000.

How does the JIADE LIMITED (JDZG) share consolidation change authorized share counts?

Authorized shares drop from 500,000,000 to 20,000,000. After consolidation, the structure is 15,800,000 Class A shares, 3,000,000 Class B shares and 1,200,000 preference shares, each with US$0.0025 par value, while total authorized capital remains US$50,000.

What were the voting results on the JIADE LIMITED (JDZG) share consolidation?

A total of 53,480,116 votes, representing 61.52% of exercisable votes, were present. For the consolidation, 53,070,205 votes were cast in favor, 401,789 against and 8,122 abstained, indicating strong shareholder support for the resolution.

Does the JIADE LIMITED (JDZG) share consolidation change the company’s total authorized capital?

The consolidation does not change total authorized capital, which remains US$50,000. It restructures this capital into fewer shares with higher par value per share, moving from 500,000,000 shares at US$0.0001 to 20,000,000 shares at US$0.0025 each.

Which share classes of JIADE LIMITED (JDZG) are affected by the consolidation?

All three classes are affected: Class A ordinary shares, Class B ordinary shares and preference shares. For each class, every 25 issued and unissued shares of US$0.0001 par value become one share of the same class with a par value of US$0.0025.
Jiade Limited

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