Jinxin Technology to Execute 1-for-25 ADS Reverse Split

Under the new structure, each investor will be required to exchange 25 existing ADSs for one new share. Deutsche Bank Trust Company Americas, acting as the depositary, will manage the conversion process. While the company anticipates a proportional increase in the trading price of its ADSs, it cautioned that there is no guarantee the market value will strictly reflect a 25-fold multiplier post-split.

No fractional shares will be issued during this transition. Instead, the depositary will aggregate fractional entitlements, sell them on the open market, and distribute the net cash proceeds to the relevant holders after accounting for applicable fees and taxes. The move remains strictly limited to the ADS program, meaning the company’s underlying ordinary shares remain unchanged, with no new issuances or cancellations planned for the primary equity.