Lucas GC Limited Announces Effective Date of Share Consolidation

NEW YORK, Aug. 28, 2026 (GLOBE NEWSWIRE) — Lucas GC Limited (NASDAQ: LGCL) (“Lucas” or the “Company”), an artificial intelligence (the “AI”) technology-driven Platform-as-a-Service (the “PaaS”) company, applying such technologies in human resources and insurance industry verticals, today announced that it will effect a one hundred and twenty-five (125)-for-one (1) share consolidation of its issued and unissued Class A ordinary shares and Class B ordinary shares, par value US$0.0002 per share on September 1, 2026. On December 5, 2025, the Company’s shareholders voted and approved at the extraordinary general meeting (the “EGM”) (i) the proposal which authorized the board of…