MicroPort CardioFlow Wins Shareholder Approval for Share Consolidation Effective 24 February

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2026.02.11 14:38
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MicroPort CardioFlow Medtech Corp. has received shareholder approval for a share consolidation, reducing issued shares from approximately 6.37 billion to about 1.27 billion. This consolidation will take effect on 24 February 2026, aiming to enhance trading efficiency and price perception. Existing blue share certificates will remain valid but not for trading after new light-gold certificates are issued. The company will also adjust share options accordingly. The latest analyst rating for the stock (HK:2160) is a Sell with a price target of HK$0.74.