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Wuxi Lead Intelligent Equipment Co., Ltd. Class H ( (HK:0470) ) has issued an announcement.
Wuxi Lead Intelligent Equipment has amended its articles of association to reflect changes in registered share capital and share structure following the partial exercise of the over-allotment option in its Hong Kong global offering. The company’s registered capital now stands at RMB1,674,221,434 with a total of 1,674,221,434 shares issued, as approved under prior shareholder and board authorizations.
After the adjustments, the company’s share capital comprises 1,566,163,034 A shares, representing 93.55% of total share capital, and 108,058,400 H shares, accounting for 6.45%. These technical changes formalize the outcome of the Hong Kong offering within the company’s constitutional documents, providing greater transparency on capital structure for existing and prospective shareholders.
The most recent analyst rating on (HK:0470) stock is a Buy with a HK$62.00 price target. To see the full list of analyst forecasts on Wuxi Lead Intelligent Equipment Co., Ltd. Class H stock, see the HK:0470 Stock Forecast page.
More about Wuxi Lead Intelligent Equipment Co., Ltd. Class H
Wuxi Lead Intelligent Equipment Co., Ltd. is a PRC-incorporated joint stock company listed on ChiNext of the Shenzhen Stock Exchange and on the Hong Kong Stock Exchange. The company issues RMB-denominated A shares in the domestic market and H shares overseas, reflecting a dual-listing structure aimed at both mainland Chinese and international investors.
Average Trading Volume: 2,688,492
See more insights into 0470 stock on TipRanks’ Stock Analysis page.