SHENZHEN, China, Oct. 3, 2024 /PRNewswire/ -- MicroCloud Hologram Inc. (NASDAQ: HOLO), (the "Company"), today announced that its 2024 Annual General Meeting of the Shareholders (the "AGM") was duly held on September 27, 2024, at the Company's headquarters in Shenzhen, China. At the AGM, the following proposals were approved and adopted:

  1. THAT every 20 issued and unissued ordinary shares of a nominal or par value of US$0.001 each in the capital of the Company (the "Ordinary Shares") be consolidated into one (1) share of a nominal or par value of US$0.02 each, and such Consolidated Shares shall rank pari passu in all respects with each other in accordance with the Company's currently effective memorandum and articles of association (the "Share Consolidation") such that following the Share Consolidation the authorized share capital of the Company will be changed

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