EB ENVIRONMENT (00257) proposes to issue RMB shares and list on the Shenzhen Stock Exchange.

date
21:02 14/11/2025
avatar
GMT Eight
Guangda Environment (00257) announced that on November 14, 2025, the board of directors approved the possible issuance of RMB...
EB ENVIRONMENT (00257) announced on November 14, 2025, that the board of directors has approved a preliminary proposal to potentially issue RMB shares and list such RMB shares on the Shenzhen Stock Exchange. The proposal to issue RMB shares is subject to and limited by market conditions, approval by the shareholders at a general meeting of the company, and necessary regulatory approvals. The company plans to issue no more than 800 million RMB shares, with the net proceeds initially intended for the development of the company's main business and to supplement general operating funds, subject to disclosure in the prospectus approved by the relevant regulatory authorities.