UCD (01599.HK): Files with CSRC for H-share Full Circulation Involving 68,816,000 Domestic Unlisted Shares
NewTimeSpace News: On 11 September 2026, Beijing Urban Construction Design & Development Group Co., Limited (stock code: 01599.HK) announced that it submitted a filing application to the China Securities Regulatory Commission (CSRC) on 11 September 2026 in respect of the proposed implementation of H-share full circulation, to convert an aggregate of 68,816,000 domestic unlisted shares into H shares of the Company. The announcement was made pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the inside information provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).
Upon completion of all filing requirements, including but not limited to the filing with the CSRC, and the obtaining of all relevant approvals, including but not limited to the approval of the Stock Exchange for the conversion and listing, and compliance with all applicable laws, regulations and rules, the 68,816,000 domestic unlisted shares will be converted into 68,816,000 H shares and will be listed and traded on the Stock Exchange.
As of the date of the announcement, the Company has not applied to the Stock Exchange for the conversion and listing, and the details of its implementation plan for H-share full circulation, the conversion and the listing have not been finalised. The Company will make further announcements on the progress of the H-share full circulation, the conversion and the listing in accordance with the Listing Rules, and reminded shareholders and potential investors to exercise caution when dealing in its securities.
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