Preferred Choice (09880): Submit an application for the full circulation of H shares to the China Securities Regulatory Commission

Zhitongcaijing · 1d ago

According to the Zhitong Finance App, Preferred Choice (09880) issued an announcement. In view of the guidelines, the board of directors has approved a proposal to convert 17.5813 million unlisted domestic shares of the company held by several shareholders of the company to implement full circulation of H shares, accounting for about 3.49% of the total issued share capital of the company on the date of this announcement. On September 23, 2026, the company submitted a filing application to the China Securities Regulatory Commission to implement full circulation of H shares. After completing all relevant regulatory procedures (including filing notices issued by the China Securities Regulatory Commission and approval from the Stock Exchange) and complying with all applicable laws, rules and regulations, the 17.5813 million domestic shares will be converted to H shares, and the company will apply to the Exchange for approval to list and trade these H shares on the main board of the Stock Exchange.

As of the date of this announcement, the details of the implementation plan for full circulation of H shares have not been finalized, and the company has not yet completed the filing procedure with the China Securities Regulatory Commission.