Summary by Moomoo AI
Shangtang Group Co., Ltd. completed the distribution of new class B shares on June 27, 2024. According to the company's announcements on May 31 and June 27 of the same year, 1,673,446,000 shares were issued, accounting for 5% of the original issued shares. The subscription price was HKD 1.2 per share, and the total number of issued shares after the distribution reached 27,622,255,928. The share distribution has been officially authorized and approved by the board of directors, and complies with all applicable listing rules, regulations, and other regulatory requirements. The company confirms that all funds have been received and all prerequisites for listing eligibility have been fulfilled. In addition, there were no changes to the number of class A common shares between May 31 and June 27, 2024, and the balance remained at 7,520,115,072 shares.
