Autozi Internet Technology (Global) Ltd. to Consolidate Shares 10-for-1

(SeaPRwire) –   BEIJING, March 18, 2026 — Autozi Internet Technology (Global) Ltd. (Nasdaq: AZI) (the “Company” or “Autozi”), a leading fast-growing full-lifecycle automotive service provider in China, announced today that the Company’s board of directors approved on February 27, 2026 a 10-for-1 consolidation of the Company’s authorized, issued, and outstanding shares, with the consolidation taking effect for trading on March 23, 2026.

The share consolidation is carried out to help the Company regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and retain its listing status on the Nasdaq exchange.

Starting from the opening of trading on March 23, 2026, the Company’s Class A ordinary shares will trade on the Nasdaq Global Market on a post-consolidation adjusted basis. They will keep the original ticker symbol “AZI” but will use a new CUSIP number: G06382132.

As a result of the share consolidation, every 10 outstanding ordinary shares will automatically combine and convert into one issued and outstanding ordinary share, with no action required from shareholders. No fractional shares will be issued to any shareholder in connection with the consolidation. Any shareholder who would otherwise receive a fractional share from the consolidation will be entitled to get one full share of the Company in place of that fractional holding.

When the share consolidation takes effect, the Company’s authorized share capital will be adjusted from US$500,000 split into 9,600,000,000 Class A ordinary shares (US$0.00005 par value per share) and 400,000,000 Class B ordinary shares (US$0.00005 par value per share), to US$500,000 split into 960,000,000 Class A ordinary shares (US$0.0005 par value per share) and 40,000,000 Class B ordinary shares (US$0.0005 par value per share). The total number of issued and outstanding Class A ordinary shares will change from 44,891,221 Class A ordinary shares of US$0.00005 par value each to approximately 4,489,123 Class A ordinary shares of US$0.0005 par value each. The total number of issued and outstanding Class B ordinary shares will change from 613,102 Class B ordinary shares of US$0.00005 par value each to approximately 61,311 Class B ordinary shares of US$0.0005 par value each.

About Autozi Internet Technology (Global) Ltd.

Autozi Internet Technology (Global) Ltd. is a leading, fast-growing full-lifecycle automotive services provider in China. Founded in 2010, Autozi delivers a comprehensive range of high-quality, affordable, and professional automotive products and services through both online and offline channels across the country. By leveraging its advanced online supply chain cloud platform and SaaS solutions, Autozi has built a dynamic ecosystem that connects key industry participants across the automotive sector. This interconnected network enables more efficient collaboration and streamlined processes across the entire supply chain, positioning Autozi as a core driver of innovation and growth in the automotive services industry.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements, including but not limited to the Company’s proposed offering. These forward-looking statements involve known and unknown risks and uncertainties, and are based on the Company’s current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, operating results, business strategy and financial needs. Investors can identify many (but not all) of these statements through the use of terms such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. Unless required by law, the Company takes on no obligation to publicly update or revise any forward-looking statements to reflect subsequent events or circumstances, or changes in the Company’s expectations. While the Company believes the expectations expressed in these forward-looking statements are reasonable, it cannot guarantee that such expectations will prove correct. The Company cautions investors that actual results may differ materially from anticipated results, and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

For investor and media inquiries, please contact:

Autozi Internet Technology (Global) Ltd.
Mr. Hui Zhang
Email: boardoffice@autozi.com