Poly PPT Ser (06049) announced that the board of directors has approved the proposal to implement the full circulation of H shares, intending to convert a total of 1.9...
ZhITong Finance app news, Poly PPT Ser (06049) announced that the board of directors has approved the proposal to implement the full circulation of H shares, intending to convert a total of 0.194 billion shares of the company's domestically unlisted shares (domestic shares) into the company's H shares (H shares) (full circulation of H shares). After obtaining all relevant approvals (including the China Securities Regulatory Commission filing) and complying with all applicable laws, regulations, and rules, these domestic shares will be converted to H shares. The company will also apply to the Hong Kong Stock Exchange for approval of the listing and trading of these H shares on the Main Board of the Stock Exchange (conversion and listing). According to the company's Articles of Association and applicable Chinese laws and regulations, approval of the company's shareholders (shareholders) is not required for the full circulation of H shares or the conversion and listing at the shareholders' meeting.
