Yankuang Energy Group's overseas holding subsidiary, Shalev Company's stock conversion listing sector.

date
24/09/2024
avatar
GMT Eight
Yankuang Energy Group (600188.SH) announced that, in order to enhance the value and liquidity of SMT Scharf AG ("Scharf Company") shares, Scharf Company will transfer its shares from the quoted segment of the Frankfurt Stock Exchange to the regulated senior market for listing trading. This listing segment conversion does not involve the issuance of Scharf Company shares and will not result in any changes to the company's shareholding or shareholding ratio. Scharf Company obtained approval from the German Financial Supervisory Authority for this listing segment conversion on September 20, 2024. On September 24, 2024, with approval from the Frankfurt Stock Exchange, Scharf Company shares officially transferred to the regulated senior market listing trading on the Frankfurt Stock Exchange, with the stock code being S4AA. After the completion of this listing segment conversion, Scharf Company shares will be traded on the regulated senior market of the Frankfurt Stock Exchange and the Munich Stock Exchange M: accsess division.

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