Newtrend Group Holding Co., Ltd. (2573) Announces CSRC Filing Notice for H Share Full Circulation

Bulletin Express01-29

Newtrend Group Holding Co., Ltd. (Stock Code: 2573) has received a filing notice from the China Securities Regulatory Commission (CSRC) regarding its plan to implement the H Share Full Circulation. The company submitted an application on 15 July 2025 to convert all its domestic unlisted shares (Domestic Shares) into H shares (H Shares), paving the way for these new H Shares to be listed and traded on The Stock Exchange of Hong Kong Limited (the Stock Exchange).

According to the filing notice, 41,082,340 Domestic Shares, representing approximately 42.7% of the company’s total issued share capital as of the date of the announcement, will convert into H Shares. Among these shares, 5,923,286 belong to Mr. Wang Xiaoqiang and 35,159,054 are held by Shenzhen Newtrend Industrial Development Co., Ltd. Upon receiving all relevant approvals and fulfilling all requirements, these H Shares will be eligible for listing on the Main Board of the Stock Exchange.

As of the date of the announcement, Newtrend Group Holding Co., Ltd. has 96,231,234 shares in total, consisting of 41,082,340 Domestic Shares and 55,148,894 H Shares. The filing notice is valid for 12 months from 26 January 2026. Further details regarding the specific plan and final completion of the conversion are subject to procedures required by relevant regulatory authorities. The company aims to update shareholders and potential investors on the progress as necessary.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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