Top Wealth Group shares surge 128.12% premarket after announcing 1-for-90 share consolidation and partnership with Jilin Xiuzheng in pet pharmaceuticals market.

Top Wealth Group Holding Limited (TWG) surged 128.12% in premarket trading following the announcement of a 1-for-90 share consolidation to maintain Nasdaq listing compliance and a partnership with Jilin Xiuzheng to enter China’s pet pharmaceuticals and supplements market. The consolidation, approved in July 2025, addresses the company’s minimum bid price deficiency, signaling improved governance and reducing delisting risks, which likely boosted investor confidence. Additionally, the strategic alliance with Jilin Xiuzheng expands TWG’s market reach into high-growth sectors, enhancing its long-term growth prospects. These developments align with the stock’s sharp premarket rise, driven by renewed optimism in operational restructuring and market expansion.