MarketPR
A 35-for-1 share consolidation is in focus at Cheche Group Inc. (NASDAQ: CCG), with the Beijing company confirming it will effect the action across both of its ordinary share classes.
Class A ordinary shares and Class B ordinary shares are both covered. Cheche Group operates as China's leading auto insurance technology platform.
What the ratio means for the capital structure The ratio is blunt: 35 shares become one.
Both Class A and Class B ordinary shares convert at that rate, meaning the consolidation reshapes the outstanding count across the full capital structure in a single action rather than targeting one tranche.
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