Core Viewpoint - The company, Baima Tea Industry (06980.HK), has announced its plan to implement full circulation of H-shares by converting 31,933,125 domestic shares held by 11 shareholders into H-shares, which represents approximately 37.57% of the total issued shares as of the announcement date [1] Group 1 - The board of directors has approved the submission of a filing application to the China Securities Regulatory Commission (CSRC) for the conversion of domestic shares into H-shares [1] - The conversion will be eligible for listing and trading on the main board of the Stock Exchange of Hong Kong after obtaining all necessary approvals and complying with applicable laws and regulations [1] - According to the company's articles of association, no further approval from shareholders is required for the conversion and listing [1]
八马茶业(06980.HK)建议实行及申请H股全流通