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Auntea Jenny (Shanghai) Industrial Co., Ltd. Class H ( (HK:2589) ) has provided an announcement.
Auntea Jenny (Shanghai) Industrial Co., Ltd. has announced its proposed participation in the H Share Full Circulation plan, which involves converting up to 35,255,992 domestic unlisted shares into H shares, representing approximately 33.51% of its total issued share capital. This move is subject to regulatory approvals and aims to enhance the company’s share capital structure. Additionally, the company plans to amend its Articles of Association to reflect these changes, pending shareholder approval at a forthcoming general meeting. These strategic changes are expected to impact the company’s market positioning and shareholder value.
More about Auntea Jenny (Shanghai) Industrial Co., Ltd. Class H
Auntea Jenny (Shanghai) Industrial Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, focusing on industrial operations. It is listed on the Stock Exchange of Hong Kong and is involved in the conversion and circulation of shares.
Average Trading Volume: 216,927
For a thorough assessment of 2589 stock, go to TipRanks’ Stock Analysis page.

