S ROBOT EDU (08206) plans to merge shares on a "50-for-1" basis.

S ROBOT EDU (08206) announced that the board of directors has proposed a share consolidation, with the basis being to consolidate every 50 existing shares of the company, each with a par value of HKD 0.01, into 1 consolidated share with a par value of HKD 0.50. On August 31, 2026 (after the trading session), the company entered into a subscription agreement with Shenzhou Communication Investment and Copious. The company conditionally agreed to allocate and issue shares, while Shenzhou Communication Investment conditionally agreed to subscribe for 17.36 million consolidated shares at a price of HKD 3.75 per consolidated share, and will make the payment by offsetting the amount payable to Shenzhou Communication Investment of HKD 65.10 million (as of the date of the subscription agreement, it was HKD 95.6642 million). Upon completion, the capitalized amount will be deemed repaid by the Group to Shenzhou Communication Investment, and Copious will be released from its obligations towards Shenzhou Communication Investment in relation to the capitalized amount. The amount payable to Shenzhou Communication Investment will be correspondingly reduced by the capitalized amount. Upon completion, the amount payable to Shenzhou Communication Investment is expected to be reduced to HKD 30.5642 million.