NEWTREND GROUP has been approved for full circulation of over 41.08 million H shares

AASTOCKS
2026.03.05 00:43

NEWTREND GROUP (02573.HK) announced that the Stock Exchange has approved the company's implementation of "full circulation of H shares" on Tuesday (3rd), with a total of 41.0823 million domestic shares to be converted into H shares for listing and trading on the Stock Exchange.

This conversion involves a total of 41.0823 million domestic shares, accounting for approximately 42.7% of the company's existing issued share capital, held by two participating shareholders, including Wang Xiaoqiang holding approximately 6.2% and Shenzhen NEWTREND GROUP Industrial Development Co., Ltd. holding approximately 36.5%.

Upon completion of the conversion, all of the company's issued shares will be H shares, and the total number of H shares will increase to 96.231 million shares, accounting for 100% of the issued share capital, and domestic shares will no longer exist

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