YANTAI, China, March 12, 2026 — Decent Holding Inc. (NASDAQ: DXST) (“Decent” or “we,” “our,” or the “Company”), a well-established provider of wastewater treatment services in China, announced today that its board of directors approved a 1-for-25 reverse split of its Class A ordinary shares and Class B ordinary shares (the “Reverse Share Split”) on February 25, 2026. The Company’s Class A ordinary shares will start trading on a post-split basis on the Nasdaq Stock Market LLC (“Nasdaq”) under the symbol “DXST” and a new CUSIP number – G2748R205, effective March 16, 2026.
Under the Reverse Share Split, every 25 issued and outstanding Class A ordinary shares will be combined into 1 Class A ordinary share, and every 25 issued and outstanding Class B ordinary shares will be combined into 1 Class B ordinary share, with no action required from shareholders. This reverse split will lead to a proportional rise in the par value from US$0.0001 per share to US$0.0025 per share, and the Company’s authorized share capital will be adjusted to US$50,000, divided into (a) 19,800,000 Class A ordinary shares with a par value of US$0.0025 each and (b) 200,000 Class B ordinary shares with a par value of US$0.0025 each. After the Reverse Share Split takes effect, the Company anticipates having approximately 1,615,103 Class A ordinary shares and 200,000 Class B ordinary shares issued and outstanding. The Reverse Share Split aims to boost the market price per share of the Company’s Class A ordinary shares, enabling the Company to retain its Nasdaq listing.
No fractional shares will be issued as a result of the Reverse Share Split. Shareholders who would otherwise be entitled to a fractional share due to the Reverse Share Split will have their entitlement rounded up to the nearest whole share.
The Reverse Share Split was approved by a vote of the Company’s shareholders at an extraordinary general meeting held on February 23, 2026.
Transhare Corporation, the Company’s transfer agent, will act as the exchange agent. Adjustments to Class A ordinary shares and Class B ordinary shares represented by physical stock certificates can be made by surrendering the certificate to the transfer agent. For further information, contact Transhare Corporation at (303) 662-1112.
About Decent Holding Inc.
Decent Holding Inc. specializes in providing wastewater treatment through the purification of industrial wastewater, ecological river restoration and river ecosystem management via water quality improvement, as well as microbial products primarily used for pollutant removal and water quality enhancement, through its operating subsidiary, Shandong Dingxin Ecology Environmental Co., Ltd. For more information, visit: https://ir.dxshengtai.com.
Forward-Looking Statements
This press release includes forward-looking statements. Additionally, we or our representatives may, from time to time, make forward-looking statements verbally or in writing. These forward-looking statements are based on our expectations and projections regarding future events, which are derived from the information currently accessible to us. Such statements pertain to future events or our future performance, including: our financial performance and projections; growth in revenue and earnings; and business prospects and opportunities. Forward-looking statements can be identified by their non-historical nature, particularly through terms such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes,” or the negative of these or similar terms. When evaluating these forward-looking statements, consider various factors, including: our ability to alter the Company’s direction; our capacity to keep up with new technology and evolving market demands; and the competitive landscape of our business. These and other factors may cause actual results to differ significantly from any forward-looking statement. Forward-looking statements are merely predictions. The forward-looking events discussed in this press release and other statements made periodically by us or our representatives may not occur, and actual events and results may vary materially, subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, as the forward-looking events discussed here and in other statements may not come to pass due to uncertainties and assumptions.
Investor Relations Contact:
WFS Investor Relations Inc
Connie Kang, Partner
Email: ckang@wealthfsllc.com
Tel: +86 1381 185 7742 (CN)