Beijing Fourth Paradigm Technology Co. Ltd. Class H (HK:6682) has released an update.
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Beijing Fourth Paradism Technology Co., Ltd. has announced the acceptance by the China Securities Regulatory Commission (CSRC) of their application for H share full circulation, which includes converting over 131 million domestic shares for listing on the Hong Kong Stock Exchange. The process will still require domestic shareholders to adhere to a share lock-up undertaking per the Listing Rules, and the company will continue to update shareholders as the plan to finalize the Conversion and Listing progresses. Shareholders and potential investors are encouraged to exercise caution when dealing in the company’s securities during this period.
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