
HONG KONG, Nov. 4, 2026 /PRNewswire/ -- CL Workshop Group Limited (NASDAQ: NWGL) (the "Company"), a global forestry company that focuses on the timber and wood products industry, today announced that it will change the ratio (the "ADS Ratio") of its American Depositary Shares ("ADSs") to Class A ordinary shares, par value US$0.001 per share, from one (1) ADS representing eight (8) Class A ordinary shares to one (1) ADS representing six hundred and forty (640) Class A ordinary shares, effective November 6, 2026 (the "ADS Ratio Change"). For the Company's ADS holders, the ADS Ratio Change will have the same effect as a one-for-eighty (80) reverse split.



