Yatsen announces plan to implement ads ratio change

Guangzhou, china , march 8, 2024 /prnewswire/ -- yatsen holding limited ("yatsen" or the "company") (nyse: ysg), a leading china-based beauty group, today announced that, it will change the ratio of its american depositary shares ("adss") to its class a ordinary shares (the "ads ratio") from one (1) ads representing four (4) class a ordinary shares to one (1) ads representing twenty (20) class a ordinary shares. for the company's ads holders, the change in the ads ratio will have the same effect as a one-for-five reverse ads split.
YSG Ratings Summary
YSG Quant Ranking