- Lucas GC Limited will effect a **forty (40)-for-one (1) share consolidation** and adopt a **dual-class share structure** on **October 13, 2025**.  **[1954694_0001493152-25-017537_ex99-1.htm:0]** 
- These changes were approved by the Company's shareholders at an extraordinary general meeting on **May 5, 2025**.  **[1954694_0001493152-25-017537_ex99-1.htm:0]** **[1954694_0001493152-25-017537_ex99-2.htm:0]** 
- Following the consolidation and dual-class structure adoption, the authorized share capital will be **US$50,000**, divided into **235,000,000 Class A ordinary shares** and **15,000,000 Class B ordinary shares**, each with a par value of **US$0.0002**.  **[1954694_0001493152-25-017537_ex99-1.htm:0]** **[1954694_0001493152-25-017537_ex99-2.htm:0]** 
- Each **Class A Ordinary Share** will entitle the holder to **one (1) vote**, while each **Class B Ordinary Share** will entitle the holder to **480 votes** on matters subject to shareholder vote.  **[1954694_0001493152-25-017537_ex99-2.htm:9]** 
- A new CUSIP number, **G57037114**, has been assigned to the Company's Class A Ordinary Shares as a result of these changes.  **[1954694_0001493152-25-017537_ex99-1.htm:0]**

Lucas GC Limited Announces Effective Date for Share Consolidation and Dual-Class Structure

- Lucas GC Limited (LGCL) received a notification from Nasdaq on **September 11, 2025**, indicating non-compliance with the minimum bid price requirement.  **[1954694_0001641172-25-027099_ex99-1.htm:0]** 
- The non-compliance is due to the closing bid price of its ordinary shares being below **$1.00** per share for **30 consecutive business days**.  **[1954694_0001641172-25-027099_ex99-1.htm:0]** 
- The Company has a compliance period of **180 calendar days**, until **March 4, 2026**, to regain compliance.  **[1954694_0001641172-25-027099_ex99-1.htm:0]** 
- To regain compliance, the closing bid price must be at least **$1.00** for a minimum of **10 consecutive business days**.  **[1954694_0001641172-25-027099_ex99-1.htm:0]** 
- Lucas GC Limited is considering options, including a **reverse stock split**, to regain compliance.  **[1954694_0001641172-25-027099_ex99-1.htm:0]**

Lucas GC (LGCL)