Huaxida (00901): It is recommended to implement full circulation of H shares

Zhitong Finance App News, Huaxida (00901) issued an announcement. The board of directors reviewed and approved the plan to implement full circulation of H shares on September 24, 2026, to convert 135,800 unlisted shares (unlisted shares) of the Company held by 15 domestic shareholders into H shares (H shares) of the Company (accounting for about 0.06% of the total number of 210 million shares issued on the date of this announcement) (full circulation of H shares). After obtaining all relevant approvals (including filing with the China Securities Regulatory Commission) and complying with all applicable rules and regulations, these unlisted shares will be converted to H shares, and the Company will also apply to the Stock Exchange for approval for the listing and trading (conversion and listing) of these H shares on the Stock Exchange. According to the company's articles of association, there is no need to obtain approval from the shareholders of the Company for conversion and listing at the shareholders' meeting.

As of the date of this announcement, the Company has not applied to the China Securities Regulatory Commission for full circulation of H shares, nor has it applied to the Stock Exchange for conversion or listing. The details of the implementation plan relating to the conversion and listing have not been implemented. The Company will make further announcements on the full circulation and conversion of H shares and the progress of the listing in due course in accordance with the listing rules and/or insider information provisions.