Guoquan (02517) announced that the company has recently received a filing notice from the China Securities Regulatory Commission regarding the implementation of H-share full circulation, with a date of August 23, 2024.
According to the filing notice, the company has completed the filing of converting approximately 11.3536 million shares of domestic unlisted shares held by Guizhou Maotai Investment Fund Partnership Enterprise (Limited Partnership) into 11.3536 million H-shares. The filing notice will be valid for 12 months from August 23, 2024. The company will apply to the Stock Exchange of Hong Kong for listing and trading of these H-shares on the main board.
As of the date of this announcement, the details of the conversion and listing implementation plan have not been finalized.