CDT Equity: Big Changes and New Faces

Recent Gathering in Shenzhen, China

In a recent gathering held in Shenzhen, China, CDT Environmental Technology made some significant changes. Shareholders agreed to important updates, including a major change to the company's shares.

Share Consolidation

• 25 old shares will be combined into 1 new share.
• This means the value of each share will increase.
• The company's total shares will change to:
• 3.76 million Class A shares
• 240,000 Class B shares
• Any leftover bits from the swap will be rounded up.
• The board will handle the details and timing of these changes.

New Rules and Directors

• Shareholders approved a new set of rules for the company.
• These rules will replace the old ones once the share changes happen.
• Two new directors joined the company's board:
• Mr. Ling Kai (Executive Director)
• Mr. Chen Xi (Independent Director)
• They will stay in their roles until they leave or are asked to step down.

Vote Confirmation

• Guangdong Fengpeng Law Firm checked all the votes.
• 50.03% of the company's shares were represented in the vote.
• This means more than half of the shareholders had a say in these changes.

Looking Ahead

These updates show that CDT is making some big moves. It's not just about the numbers—it's about setting the company up for the future. New rules and new faces can bring fresh ideas, but it's important to see how these changes play out. Will they help the company grow? Only time will tell.