KEYTOP PARKING (02272.HK): Files Application for H-Share Full Circulation, Plans to Convert All 2,857,040 Unlisted Shares into H Shares on the Main Board

NewTimeSpace News: On 2 September 2026, KEYTOP PARKING INC. (stock code: 02272.HK) announced that it had filed an application with the China Securities Regulatory Commission (CSRC) on the same day to convert all of its 2,857,040 issued unlisted shares, with a par value of RMB 1.0 each, into H shares with a par value of RMB 1.0 each to be listed on the Main Board of the Stock Exchange of Hong Kong (the H-share full circulation).
The application was made pursuant to the Guidelines on Full Circulation of Unlisted Domestic Shares of H-share Companies, issued by the CSRC on 14 November 2019 and further amended on 10 August 2023. Upon obtaining all relevant approvals (including filing with and/or obtaining approval from the CSRC and the Stock Exchange) and complying with all applicable laws, regulations and rules, such unlisted shares will be converted into H shares, and the company will apply for approval for the listing of and dealing in such H shares on the Main Board of the Stock Exchange.
Under the company's articles of association, no further shareholders' meeting is required to approve the conversion and listing. As of the date of this announcement, details of the implementation plan for the conversion and listing have not yet been finalized, and the company will publish further announcements on progress in due course in accordance with the Listing Rules and the inside information provisions. Completion of the H-share full circulation and the conversion and listing is subject to the fulfillment of other relevant procedures required by the CSRC, the Stock Exchange and other relevant domestic and overseas regulators.

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