China SXT Pharmaceuticals, Inc. Announces Share Consolidation

TAIZHOU, China, Aug. 05, 2026 (GLOBE NEWSWIRE) -- China SXT Pharmaceuticals, Inc. (NASDAQ: SXTC) (the “Company”), today announced that it will effect a share consolidation of its Class A ordinary shares, no par value per share, and Class B ordinary shares no par value per share, at a ratio of 1-for-80, effective on August 10, 2026 (the “Share Consolidation”). The Company’s Class A ordinary shares are expected to begin trading on a post-consolidation basis at the open of the market session on August 10, 2026. Upon the market opening on August 10, 2026, the Company’s Class A ordinary shares will continue to be traded on The Nasdaq Stock Market under the symbol “SXTC” with the new CUSIP number G2161P173.

Prior to the Share Consolidation, 105,704,077 Class A ordinary shares are issued and outstanding. As a result of the Share Consolidation, every 80 shares (or part thereof) will be combined into one (1) share, with fractional shares rounded up to the next whole share, and approximately 1,321,301 Class A ordinary shares will be issued and outstanding after the Share Consolidation. The Company is authorized to issue unlimited ordinary shares consisting of Class A ordinary shares, no par value per share, and Class B ordinary shares, no par value per share. All outstanding stock options, warrants and other rights to purchase the Company’s Class A ordinary shares will be adjusted proportionately as a result of the Share Consolidation.