Fangdd announces plan to implement ads ratio change

Shenzhen, china, may 27, 2022 (globe newswire) -- fangdd network group ltd. (nasdaq: duo) (“fangdd” or “the company”), a leading property technology company in china, today announced that it plans to change the ratio of the american depositary shares (“adss”) to its class a ordinary shares from one (1) ads representing twenty-five (25) class a ordinary share to one (1) ads representing three hundred seventy-five (375) class a ordinary shares.
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