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Suzhou Novosense Microelectronics Raises Registered Capital After H-Share Listing

Story Highlights
  • Suzhou Novosense Microelectronics raised registered capital to RMB162.6 million after issuing 20,095,000 H shares in Hong Kong.
  • The company amended its Articles of Association to reflect the new share capital, total share count, and formalize its dual-listing structure.
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Suzhou Novosense Microelectronics Raises Registered Capital After H-Share Listing

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The latest update is out from Suzhou Novosense Microlectronics Co. Ltd. Class H ( (HK:2676) ).

Suzhou Novosense Microelectronics Co., Ltd. has increased its registered capital from RMB142,528,433 to RMB162,623,433 following the issuance and listing of 20,095,000 H shares on the main board of the Hong Kong Stock Exchange, including the partial exercise of an over-allotment option. In line with this completed H-share offering, the company has approved and implemented amendments to its Articles of Association to reflect the new capital structure, updated total share count of 162,623,433 ordinary shares, and detailed regulatory and listing information, thereby formalizing its dual-listing status and reinforcing its governance framework for both domestic and overseas shareholders.

More about Suzhou Novosense Microlectronics Co. Ltd. Class H

Suzhou Novosense Microelectronics Co., Ltd. is a PRC-incorporated joint stock company listed on both the Shanghai Stock Exchange and the main board of the Hong Kong Stock Exchange via A shares and H shares, focusing on the design and manufacture of microelectronics components. By issuing H shares in Hong Kong, the company is broadening its access to international capital markets and expanding its overseas investor base.

Average Trading Volume: 333,241

Current Market Cap: HK$25.81B

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