Jiangxi Rimag Group Co., Ltd. Class H (HK:2522) has released an update.
Jiangxi Rimag Group Co., Ltd. is set to fully circulate an additional 14.47% of its total issued share capital, involving over 51 million previously unlisted shares, subject to regulatory approvals including from the China Securities Regulatory Commission and The Stock Exchange of Hong Kong Limited. This move is in accordance with the CSRC’s amended Guidelines and could lead to increased liquidity of the company’s shares. Shareholders and interested investors are urged to stay informed and exercise caution when trading the company’s securities during this period.
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