FOREST CABIN gains CSRC approval to convert 23.68% of its shares under H-share full-circulation plan

Bulletin Express04-27 21:06

Shanghai Forest Cabin Cosmetics Group Co., Ltd. (FOREST CABIN) announced that the China Securities Regulatory Commission (CSRC) has formally accepted the company’s application for an H-share full-circulation plan.

The proposal covers the conversion of 33.57 million domestic unlisted shares into H shares, representing 23.68% of FOREST CABIN’s total issued share capital as of the announcement date. These converted shares are intended for listing on The Stock Exchange of Hong Kong.

All participating domestic shareholders will remain subject to lock-up requirements prescribed by the Hong Kong Listing Rules and other applicable regulations.

Detailed implementation arrangements—including the timetable for share conversion and listing—have not yet been finalized. The company highlighted that the Conversion and Listing still require completion of additional procedures with the CSRC, the Hong Kong Stock Exchange, and other relevant regulators.

FOREST CABIN stated it will release further updates on material developments in accordance with statutory disclosure obligations. The board is chaired by Mr. Sun Laichun, with two executive directors, one non-executive director, and three independent non-executive directors. The announcement was dated 27 April 2026 in Shanghai.

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