KN HOSPITAL(02120.HK): HKEX Grants Listing Approval for H-Share Full Circulation; Approximately 9.286 Million Domestic Shares to Be Converted into H-Shares

NewTimeSpace News: Wenzhou Kangning Hospital Co., Ltd. (02120.HK) announced that it has obtained approval from the Stock Exchange of Hong Kong Limited granted on 6 July 2026 for the listing of and permission to deal in 9,286,359 converted H-shares arising from the conversion of domestic shares held by six participating shareholders. Upon completion of the conversion and listing, the proportion of H-shares will rise from 27.09% to 39.92%.

NewTimeSpace News: Wenzhou Kangning Hospital Co., Ltd. issued an inside information announcement dated 7 July 2026. The Company has received approval issued by the Stock Exchange of Hong Kong Limited on 6 July 2026 for the listing and trading of 9,286,359 H-shares converted from domestic shares held by six participating shareholders.

Breakdown of shares to be converted: Shanghai Tanying Investment converted 4,519,003 shares (representing 6.25% of total issued shares); CITIC Securities Investment converted 2,780,000 shares (3.84%); Shanghai Qiangang Investment converted 1,327,361 shares (1.83%); the remaining three shareholders jointly converted 659,995 shares.

After completion of conversion and listing:Domestic shares drop from 52,760,000 to 43,473,641, with the shareholding ratio falling from 72.91% to 60.08%;H-shares increase from 19,598,900 to 28,885,259, lifting the H-share proportion from 27.09% to 39.92%.

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