CXI Healthcare Technology Group Completes 80% Par Value Reduction with No Change in Share Count

CXI Healthcare Technology Group has completed a par value reduction from 0.5 USD to 0.1 USD, an 80% reduction, through a free reduction without changing the number of shares. The total shares remain at 37,348,303 and the capital stock decreased from approximately 27.9 billion KRW to 5.58 billion KRW. This capital restructuring is done via par value reduction, not new issuance or share cancellation.
As the total number of shares is unchanged, existing shareholders' ownership percentage remains the same, but the reduction in capital reduces the equity section of the balance sheet. The change in listing is expected on June 26, 2026 after local registration in the Cayman Islands and domestic submission procedures.
[AI Summary]CXI's par value reduction without share dilution has a limited short-term impact on stock price. However, the decrease in capital stock may affect financial soundness and retained earnings available for dividends, which warrants attention for medium to long-term investment decisions.