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Youxin Technology Ltd Executes 1-for-5 Share Consolidation on NASDAQ
Youxin Technology Ltd, a Guangzhou‑based SaaS and PaaS provider for retail enterprises, announced that its board has approved a 1‑for‑5 consolidation of its Class A ordinary shares. The reverse split will become effective on July 30 2026, when the consolidated shares begin trading on the NASDAQ Capital Market under the existing symbol “YAAS” with a new CUSIP (G9876W138).
The consolidation will reduce the outstanding Class A shares from about 33.85 million to roughly 6.77 million and lower the authorized Class A share count from 204.75 million to 40.95 million, while increasing the par value from US$0.008 to US$0.04. Class B shares are unchanged. The move aims to raise the per‑share trading price and enhance the marketability of the company’s securities.
Youxin Technology highlighted that the split will be automatic, with no action required from shareholders and no fractional shares issued.