Jiangxi Rimag Group Co., Ltd. Class H (HK:2522) has released an update.
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Jiangxi Rimag Group Co., Ltd. has received approval from the Hong Kong Stock Exchange for the full circulation of its H shares, involving the conversion and listing of over 51 million shares. This move allows 15 participating shareholders to collectively hold approximately 20.68% of the company’s total issued H shares, potentially increasing market liquidity and investor interest. The development marks a significant step in the company’s strategy to enhance its presence in the financial markets.
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