VIZIONE: CIRCULAR TO SHAREHOLDERS IN RELATION TO THE: (I) PROPOSED CONSOLIDATION OF EVERY 5 ORDINARY SHARES IN VIZIONE ("VIZIONE SHARES" OR "SHARES") INTO 1 VIZIONE SHARE ("PROPOSED SHARE CONSOLIDATION"); AND (II) PROPOSED PRIVATE PLACEMENT OF UP TO 143,000,000 NEW VIZIONE SHARES AFTER THE PROPOSED SHARE CONSOLIDATION TO INDEPENDENT THIRD-PARTY INVESTOR(S) TO BE IDENTIFIED LATER AND AT AN ISSUE PRICE TO BE DETERMINED LATER ("PROPOSED PRIVATE PLACEMENT")
VIZIONE: CIRCULAR TO SHAREHOLDERS IN RELATION TO THE: (I) PROPOSED CONSOLIDATION OF EVERY 5 ORDINARY SHARES IN VIZIONE ("VIZIONE SHARES" OR "SHARES") INTO 1 VIZIONE SHARE ("PROPOSED SHARE CONSOLIDATION"); AND (II) PROPOSED PRIVATE PLACEMENT OF UP TO 143
VIZIONE：致股東的通函，涉及以下內容：（一）提議將5股智航視訊股份（以下簡稱"智航股份"或"股份"）合併爲1股智航股份（"建議的股份合併"）；及（二）建議在建議的股份合併後向待確定的獨立第三方投資者定向增發多達1.43億股新的智航股份，並以待定的發行價（"建議的定向增發"）發行。