ST Matsui: 109 million restricted shares will be listed for trading on February 24th.
ST Songfa announced that out of the major asset swap and issuance of shares to raise funds, 109 million restricted shares issued to specific entities will be listed for trading on February 24, accounting for 11.24% of the total share capital. In May 2025, the company received approval from the China Securities Regulatory Commission to issue shares for fundraising up to 4 billion yuan, with relevant shares being registered in August. This involves 19 shareholders, with 738 million restricted shares remaining after the lifting of restrictions, and the unrestricted shares increasing to 233 million shares, while the total share capital of the company remains unchanged at 971 million shares.
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