Webus International (WETO) wins approval for broad share consolidation authority

Rhea-AI Filing Summary

Webus International Limited reported the results of its extraordinary general meeting held on February 27, 2026. Shareholders voted on several resolutions, with each ordinary share carrying one vote. All resolutions received strong support, with around 16.3 million votes cast in favor and only a few thousand against on each item.

One key resolution authorized a potential share consolidation at a ratio between 1-for-2 and 1-for-100, to be implemented only if and when the board of directors decides. The board is empowered to set the exact ratio and effective date, adjust authorized share capital as needed, and manage any fractional share entitlements, including rounding up to whole shares or using company reserves to issue additional shares.

Insights

Equity structure analyst

Shareholders approved flexible authority for a future Webus share consolidation.

Webus International’s shareholders backed all resolutions at the extraordinary general meeting, including an ordinary resolution authorizing a share consolidation within a wide 1-for-2 to 1-for-100 range. The board may choose whether to implement this, as well as the exact ratio and timing.

The approval includes related changes to authorized share capital and clear authority for the board to manage fractional shares by rounding up or using reserves to issue whole shares. Actual impact on trading price and share count depends on if, when, and how the board exercises this discretion, so future company communications will be important for specifics.

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 February 2026

Commission File Number: 001-42536

Webus International Limited

(Translation of registrant’s name into English)

25/F, UK Center, EFC, Yuhang District

Hangzhou, China 311121

(Address of principal executive offices)

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 ☒     Form 40-F ☐ 

Results of Extraordinary General Meeting of Webus International Limited

On March 2, 2026, Webus International Limited (the “Company”) announced the results of its Extraordinary General Meeting held on February 27, 2026 (the “EGM”). The results of the voting, including the number of votes cast for and against and the number of votes withheld, are set forth in Exhibit 99.1 to this report on Form 6-K.

EXHIBITS

Exhibit No.		Description
99.1		Webus International Limited Extraordinary General Meeting Results

1

SIGNATURES

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.

	Webus International Limited
	By:	/s/ Nan Zheng
	Name:	Nan Zheng
	Title:	Chief Executive Officer

Date: March 2, 2026

2

Exhibit 99.1

WEBUS INTERNATIONAL LIMITED

Extraordinary MEETING RESULTS

On February 27, 2026, Webus International Limited (the “Company”) held its extraordinary general meeting (the “EGM”). Each ordinary share issued and outstanding as of the close of business on the record date was entitled to one (1) vote on each resolution at the EGM. The following are the voting results for the resolutions considered and voted upon at the EGM:

1. RESOLVED as a special resolution that with immediate effect and subject to the proposed new name conforming with section 30 of the Companies Act (Revised) of the Cayman Islands (the “Act”), the Company change its name from “Webus International Limited微巴国际有限公司” to “Wetour Robotics Limited” (the “Name Change”).

For		Against			Abstain
16,360,691			3,844			0

2. RESOLVED as an ordinary resolution that the authorised share capital of the Company be immediately increased from US$50,000 divided into 500,000,000 shares of a par value of US$0.0001 each to US$100,000 each to US$100,000 divided into 1,000,000,000 shares of a par value of US$0.0001 each (the “Share Capital Increase”).

For		Against			Abstain
16,351,489			13,021			25

3. RESOLVED as a special resolution that subject to and immediately following the Name Change and the Share Capital Increase being effected, the Company adopt the amended and restated memorandum and articles of association annexed hereto as Annex I in substitution for and to the exclusion of, the Company’s existing amended and restated memorandum and articles of association, to reflect the Name Change and the Share Capital Increase.

For		Against			Abstain
16,351,599			12,686			250

4. RESOLVED as an ordinary resolution that, subject to the Share Capital Increase, the issuance by the board of directors of the Company (the “Board”) of at least 5,000,000 shares for one or more non-public offerings be approved.

For		Against			Abstain
16,352,070			12,265			200

	5.	RESOLVED as an ordinary resolution that:
		conditional upon the approval of the board of directors of the Company (the “Board”) in its sole discretion, with effect as of the date the Board may determine:
		(a)	the authorized, issued and outstanding shares, par value US$0.0001 of the Company (collectively, the “Shares”) be consolidated and divided by consolidating every Share at a ratio within a range of not less than 1:2 and not greater than 1:100 (the “Share Consolidation”), with the exact ratio to be determined by further action of the Board as may be determined at the appropriate time (the “Effective Time”), if and when implemented, by the Board, in its sole discretion so that all shareholders holding every 2 to 100 Shares (the “Pre-Consolidation Shares”) will hold 1 share of par value ranging from US$0.0002 to US$0.01 each (the “Post-Consolidation Shares”), with such Post-Consolidation Shares having the same rights and being subject to the same restrictions (save for par value) as the Pre-Consolidation Shares as set out in the amended and restated memorandum and articles of association in effect at the time of the Effective Time, and any fractional shares created as a result of the Share Consolidation, to be rounded up to the nearest whole share be approved; In respect of any and all fractional entitlements to the issued consolidated shares of the Company resulting from the Share Consolidation, the Board be authorized to settle as it considers expedient any difficulty which arises in relation to the Share Consolidation, including but without prejudice to the generality of the foregoing: rounding up fractions of shares issued to or registered in the name of such shareholders of the Company following or as a result of the Share Consolidation to the nearest whole share, and/or capitalizing all or any part of any amount for the time being standing to the credit of any reserve or fund of the Company (including its share premium account and profit and loss account) whether or not the same is available for distribution and applying such sum in paying up unissued shares to be issued to the shareholders to round up any fractions of shares issued to or registered in the name of such shareholders following or as a result of the Share Consolidation;
		(b)	any change to the Company’s authorized share capital in connection with, and as necessary to effect, the Share Consolidation be and is hereby approved, such amendment to be determined by the Board in its sole discretion; and
		(c)	any one director or officer of the Company be and is hereby authorized, for and on behalf of the Company, to do all such other acts or things necessary or desirable to implement, carry out, and give effect to the Share Consolidation, if and when deemed advisable by the Board in its sole discretion.

For		Against			Abstain
16,358,253			6,282			0

6. RESOLVED as a special resolution that subject to and immediately following the Share Consolidation being effected, the Company adopt an amended and restated memorandum and articles of association in substitution for and to the exclusion of, the Company’s existing amended and restated memorandum and articles of association, to reflect the Share Consolidation (if and to the extent it is effected).

For		Against			Abstain
16,358,817			5,708			10

Based on the foregoing votes, the shareholders approved all of the resolutions.

FAQ

What did Webus International Limited (WETO) announce in this 6-K?

Webus International Limited announced the voting results of its February 27, 2026 extraordinary general meeting. Shareholders approved all resolutions, including authority for a possible future share consolidation, with strong support shown by roughly 16.3 million votes cast in favor on each resolution.

Were all Webus International (WETO) EGM resolutions approved?

Yes, all resolutions considered at Webus International’s February 27, 2026 extraordinary general meeting were approved. Voting tables show about 16.35 million shares voting for each item, with only several thousand votes against and minimal abstentions recorded across the resolutions.

What share consolidation did Webus International (WETO) shareholders authorize?

Shareholders authorized the board to implement a share consolidation at a ratio between 1-for-2 and 1-for-100. The board may choose the exact ratio and effective date in its sole discretion, and this approval also covers any necessary changes to the company’s authorized share capital.

Has Webus International (WETO) already implemented the share consolidation?

The share consolidation has only been authorized, not necessarily implemented. The resolution states it becomes effective if and when the board determines, giving directors sole discretion on whether to proceed, the final consolidation ratio, and the effective date of any consolidation.

How will Webus International (WETO) handle fractional shares from any consolidation?

The board is authorized to deal with fractional share entitlements in a way it considers expedient. This includes rounding up fractions to the nearest whole share and potentially using reserves, such as the share premium account, to issue extra shares needed to complete those whole-share allocations.

How many votes supported Webus International’s share consolidation resolution?

The share consolidation-related resolution received 16,358,253 votes for, 6,282 votes against, and zero abstentions in one table, and 16,358,817 votes for, 5,708 against, and 10 abstentions in another, indicating very strong shareholder support for granting the board this consolidation authority.

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 WEBUS INTERNATIONAL LIMITED EXTRAORDINARY GENERAL MEETING RESULTS 19.5 KB