Yuejiang (02432.HK) suggests implementing full circulation of H-shares.

date
04/08/2025
Wisdom Finance APP news, Yuetjiang (02432.HK) announced that the board of directors approved the proposal to implement full circulation of H shares on August 4, 2025. This involves converting 19,688,106 domestically unlisted shares held by certain shareholders of the company (domestic shares) into the company's H shares, accounting for approximately 4.65% of the total number of shares issued by the company as of the date of this announcement (full circulation of H shares). After completing the relevant filing and obtaining all necessary approvals (including approval from the China Securities Regulatory Commission) and complying with all applicable laws, rules, and regulations, these domestic shares will be converted into H shares. The company will also apply to the Hong Kong Stock Exchange for approval for the trading of these H shares on the main board of the exchange.