Baiguo Yuan Group (02411.HK) has applied for approval to implement the full circulation of H shares and has submitted the application to the China Securities Regulatory Commission.

Wisdom Financial News App News, Baiguoyuan Group (02411.HK) announced that the company has submitted an application to the China Securities Regulatory Commission on May 29, 2025 to propose the implementation of H-share full circulation, in order to convert a total of 85.4486 million shares of non-listed shares (approximately 5.551% of the total issued share capital of the company as of the announcement date of the H-share full circulation) to H shares on a one-to-one basis. After completing all filing requirements (including filing with the China Securities Regulatory Commission) and obtaining all relevant approvals (including approval from the Hong Kong Stock Exchange) and complying with all applicable laws, regulations, and rules, the non-listed shares will be converted to H shares and listed and traded on the Hong Kong Stock Exchange. The company will apply to the Hong Kong Stock Exchange for approval for the H shares to be listed and traded on the main board of the Hong Kong Stock Exchange.