On January 30, 2019, the board of directors and shareholders of Sino-Australia Sky Dragon (STDL) has approved and announced for its outstanding shares.
As a result of the stock split, each shareholder is entitled to 2,500 new shares for each share they hold. Immediately after the stock split, the number of shares outstanding increased from 1,000 to 25,000,000 shares. The value of the company remains unchanged after this stock split.