Ningbo Physis Technology Co., Ltd. Obtains CSRC Filing Approval, Proposes Issuance of Approximately 32.29 Million H Shares and Implementation of H-Share Full Circulation

NewTimeSpace News: Ningbo Physis Technology Co., Ltd. has recently obtained the Filing Notice for Overseas Securities Offering and Listing and Full Circulation of Domestic Unlisted Shares issued by the China Securities Regulatory Commission (CSRC). The Company plans to issue no more than 32,290,800 overseas-listed ordinary shares for listing on the Main Board of The Stock Exchange of Hong Kong Limited. Meanwhile, 19 shareholders intend to convert an aggregate of 115,738,249 domestic unlisted shares into overseas-listed shares for trading on HKEX.
NewTimeSpace News: Ningbo Physis Technology Co., Ltd. recently received the Filing Notice for Overseas Securities Offering and Listing together with the Full Circulation of Domestic Unlisted Shares issued by the CSRC. Pursuant to the filing documents, the Company proposes to issue up to 32,290,800 overseas-listed ordinary shares to be listed on the Main Board of Hong Kong Stock Exchange.
Concurrently, 19 shareholders of the Company intend to convert a total of 115,738,249 domestic unlisted shares into overseas-listed shares, which will be eligible for listing and trading on HKEX.

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