REFIRE (02570) recommends implementing full circulation of H shares.

REFIRE (02570) announced that the company has submitted a filing to the China Securities Regulatory Commission regarding the implementation of the full circulation of the company's H shares on February 28, 2025. According to the filing with the China Securities Regulatory Commission, the company has applied on behalf of certain shareholders to convert a total of 16.3699 million shares of the company's domestic shares to H shares and list them on the Hong Kong Stock Exchange. Once all relevant filings and/or approvals (including from the China Securities Regulatory Commission and the Hong Kong Stock Exchange) are obtained, and all applicable laws, regulations, and rules are complied with, the domestic shares will be converted to H shares and listed for trading on the main board of the Hong Kong Stock Exchange. According to the company's articles of association, a shareholder meeting is not required to approve the conversion and listing.