On November 17, 2025, Xuanzhu Biopharmaceutical Co., Ltd. (2575) submitted a filing application to the China Securities Regulatory Commission (CSRC) to proceed with its proposed H Share Full Circulation plan. The proposal involves converting 357,245,794 unlisted shares into H shares on a one-for-one basis, pending completion of filing requirements and all necessary regulatory approvals.
According to the announcement, the conversion plan has not been finalized, and the company has yet to file an application with the Stock Exchange regarding the Conversion and Listing. Further details of the implementation plan and the final timeline will be disclosed subject to completion of relevant procedures, including approvals from the Stock Exchange and other authorities. The company has advised shareholders and potential investors to exercise caution when trading its shares until all steps are concluded.
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