QIYUNSHAN FOOD (02797.HK): Proposes to implement H-share full circulation, 75,000,000 unlisted shares to be converted

NewTimeSpace News: On 26 August 2026, Jiangxi Qiyunshan Food Co., Ltd. (stock code: 02797) announced that the board has considered and approved on the same day the proposed implementation of the conversion of 75,000,000 non-listed shares of the Company held by certain shareholders into H shares (the H-share Full Circulation), representing approximately 75.0% of the total issued share capital of the Company as of the date of this announcement. The H-share Full Circulation will be subject to the filing with the CSRC and the approval of the Stock Exchange.

The announcement stated that, upon obtaining all relevant approvals (including the filing with the CSRC and the approval of the Stock Exchange) and complying with all applicable laws, rules and regulations, the relevant non-listed shares will be converted into H shares, and the Company will apply to the Stock Exchange for the listing and trading of such H shares on the Main Board of the Stock Exchange (the Conversion and Listing). Pursuant to the Company's articles of association and applicable PRC laws, the Company is not required to convene a shareholders' meeting to approve the H-share Full Circulation and the Conversion and Listing. As of the date of this announcement, the Company has not yet submitted the filing application documents for the H-share Full Circulation to the CSRC, nor applied to the Stock Exchange for the Conversion and Listing.

This announcement was made pursuant to the Trial Measures for the Administration of Overseas Issuance and Listing of Securities by Domestic Enterprises and the Business Guidelines for Application for "Full Circulation" of Unlisted Shares of H-share Companies issued by the CSRC. The H-share Full Circulation and the Conversion and Listing are subject to the relevant procedures required by the CSRC, the Stock Exchange and other domestic and overseas regulatory authorities, and the Company will make further announcements on the progress in due course.

NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.