TIAN RUIXIANG Holdings Approves Reverse Stock Split Plan

TIAN RUIXIANG Holdings announced the results of its annual general meeting of shareholders held on February 17. At the AGM, the Company's shareholders approved, among other things: An increase in the Company's authorized share capital to $3,750,000,000; and the grant of authority to the Board of Directors to effect a reverse share split at a ratio between 1-for-2 and 1-for-5,000. Following the AGM, the Company's Board of Directors has approved the implementation of a reverse share split of its ordinary shares at a ratio of 1-for-50. Upon the effectiveness of the Reverse Split, every fifty existing Class A and Class B ordinary shares will be automatically combined into one ordinary share of the respective class. No fractional shares will be issued; instead, any fractional shares resulting from the Reverse Split will be rounded up to the next whole share. Further details regarding the effective date and the new CUSIP number will be disclosed in a subsequent announcement once the Nasdaq process is finalized.