AGOURA HILLS, Calif., June 17, 2026 (GLOBE NEWSWIRE) — UTime Limited (Nasdaq: WTO) today announced that its share consolidation (“Share Consolidation”) involving the consolidation of every ten (10) Class A ordinary shares, with a par value of US$0.50 per share, into one (1) class A ordinary share with a par value of US$5.00 per share, will take effect at 8:00 a.m. Eastern Time on June 22, 2026. The Company’s Class A Ordinary shares will open for trading on the Nasdaq Capital Market on June 22, 2026, on a post-split basis, under the existing ticker symbol “WTO,” with a new CUSIP number of G9411M157.