LINGBAO GOLD (03330) Shareholder Transfers Shares from SPDB International to CITIC SEC Brokerage Hong Kong, Valued at HK$937 Million

Stock News12-10

Latest data from the Hong Kong Stock Exchange reveals that on December 9, a shareholder of LINGBAO GOLD (03330) transferred shares from SPDB International Securities to CITIC SEC Brokerage Hong Kong, with a total transfer value of HK$937 million, accounting for 5.01% of the company's shares.

On December 3, LINGBAO GOLD announced that its board had reviewed and approved the full circulation of approximately 18.36 million unlisted domestic shares held by certain shareholders, representing about 1.43% of the company's total share capital as of the announcement date.

On December 2, 2025, the company submitted a filing to the China Securities Regulatory Commission (CSRC) regarding the full circulation of its H-shares. As of the announcement date, the company has not yet applied to the Hong Kong Stock Exchange for the conversion and listing of these shares. Details of the H-share full circulation and listing plan remain undetermined.

The full circulation of H-shares is contingent upon obtaining all necessary approvals, including the CSRC's filing notice, the conversion of domestic shares into H-shares, and the Hong Kong Stock Exchange's approval for the listing and trading of these H-shares on the Main Board.

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