Saucepan Ring (02517): China Securities Regulatory Commission issued a filing notice for the company's proposal to implement full circulation of H shares.

Zhitong Finance and Economics APP news, Guoquan (02517) issued an announcement that the company has recently received a filing notice from the China Securities Regulatory Commission regarding the implementation of the full circulation of H shares of the company, with a date of April 25, 2025 (filing notice). According to the filing notice, the company has completed the filing with the China Securities Regulatory Commission to convert the 9.38 billion shares of domestic unlisted shares held by Guoquan Industrial (Shanghai) Co., Ltd. (Guoquan Industrial) and Shanghai coincidence Venture Investment Partnership (Limited Partnership) (Coincidence) into 9.38 billion H shares. Among them, Guoquan Industrial holds 8.81 billion shares and Coincidence holds 56.5274 million shares. The filing notice will be valid for 12 months from April 25, 2025. The company will apply to the Hong Kong Stock Exchange for the listing and trading of these H shares on the main board of the Hong Kong Stock Exchange (conversion and listing).