New Stock News | China Securities Regulatory Commission has approved the Hong Kong IPO of Yunying Valley Technology and the "full circulation" of domestically unlisted shares.
Yunying Valley Technology plans to issue no more than 76,086,600 shares of overseas listed common stock and list on the Hong Kong Stock Exchange.
On March 30th, the International Cooperation Department of the China Securities Regulatory Commission released the "Notice on the Record Filing of Overseas issuance and Listing of Yunying Valley Technology Co., Ltd. and the Full Circulation of Unlisted Shares within China". Yunying Valley Technology plans to issue no more than 76,086,600 ordinary shares for overseas listing and listing on the Hong Kong Stock Exchange.
A total of 56 shareholders of the company plan to convert a total of 374,919,750 unlisted shares within China into overseas listed shares, which will be listed on the Hong Kong Stock Exchange.
The names of the "full circulation" shareholders and the conversion quantities are as follows:
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