FLJ Group Limited Announces ADS Ratio Change
October 27 2023 - 6:00AM
FLJ Group Limited (NASDAQ: FLJ) (the “Company”), a leading
technology-driven long-term apartment rental platform in China,
today announced that the ratio of the American depositary shares
(“ADSs”) representing its Class A ordinary shares has been adjusted
from one (1) ADS representing one hundred and fifty (150) Class A
ordinary share to one (1) ADS representing fifteen thousand
(15,000) Class A ordinary shares (the “ADS Ratio Change”),
effective as of November 2, 2023. The ADS Ratio Change reflects the
share subdivision on a 1 to 100 basis authorized by its
shareholders in its annual general meeting held on September 18,
2023.
About FLJ Group Limited
FLJ Group Limited is a leading technology-driven
long-term apartment rental platform in China. The Company offers
young, emerging urban residents conveniently-located,
ready-to-move-in, and affordable branded apartments as well as
facilitates a variety of value-added services. The Company
leverages advanced IT and mobile technologies to manage rental
apartments in various cities in China. Technology is the core of
the Company’s business and is applied to its operational process
from apartment sourcing, renovation, and tenant acquisition, to
property management. The focus on technology enables the Company to
operate a large, dispersed, and fast-growing portfolio of
apartments with high operational efficiency and deliver a superior
user experience.
For investor and media inquiries, please
contact:
FLJ Group Limited
E-mail: ir@qk365.com
Christensen
In ChinaMr. Rene VanguestainePhone: +86-10-5900-1548E-mail:
rene.vanguestaine@christensencomms.com
In U.S.Ms. Linda BergkampPhone: +1-480-614-3004Email:
linda.bergkamp@christensencomms.com
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