ST Mei Valley: Capital reserve fund increase in share capital completed, stock will resume trading from the 29th.
ST Meitani announced that as of the disclosure date of the announcement, the 1.025 billion shares issued through the implementation of the restructuring plan have all been completed, and the total number of shares of the company has increased from 763 million to 1.787 billion. Of these, 862 million shares are restricted shares after the initial public offering, and 163 million shares are freely tradable shares. Due to the suspension of stock trading on the company's stock registration date, the reference price for the opening on the 29th has been adjusted to 3.53 RMB per share. The company's stock will resume trading from December 29, 2025. In addition, if the company does not implement or cannot implement the restructuring plan, or if certain conditions occur in 2025, the stock will face the risk of delisting.
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