According to Zhitong Finance App, Feitian Yundong (06610.HK) issued an announcement. The board of directors proposed increasing the Company's authorized share capital from 50,000 US dollars (250 million shares with a face value of 0.0002 US dollars per share) to 400,000 US dollars (divided into 2 billion shares with a face value of 0.0002 US dollars per share) by adding an additional 1.75 billion unissued shares with a face value of 0.0002 US dollars per share. After shareholders pass an ordinary resolution approving the increase in authorized share capital at the special shareholders' meeting, the increase in authorized share capital will take effect after the ordinary resolution is passed on the day of the special shareholders' meeting.

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