BAIGE DIGITAL (02672.HK): Plans conversion of 169.66m domestic shares

NewTimeSpace News: On 29 September 2026, Baige Online Digital Technology Co., Ltd. (stock code: 02672.HK) announced that its Board approved on 28 September 2026 a proposed full circulation of H shares, converting 169,657,160 unlisted shares held by five domestic shareholders into H shares, representing about 52.91% of the Company's total issued share capital as at the date of the announcement. As at that date, the Company had not submitted any filing application for the full circulation to the China Securities Regulatory Commission (CSRC).

The conversion and listing will take place after all relevant approvals and/or filings, including the CSRC filing notice and the Stock Exchange's approval, are obtained, and the Company will apply to the Stock Exchange for listing of and permission to deal in those H shares on the Main Board. It is subject to shareholders' approval by ordinary resolution at the extraordinary general meeting to be held on 16 October 2026. 

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