NEWTREND GROUP (02573) has received approval from The Stock Exchange of Hong Kong Limited on 3 March 2026 for the listing and permission to deal in 41.08 million converted H shares. This follows the company’s plan to convert 41.08 million domestic shares, representing approximately 42.70% of the total issued share capital, into H shares.
According to the announcement dated 5 March 2026, the conversion involves two participating shareholders, including Wang Xiaoqiang with 5.92 million shares (6.20% of total share capital) and Shenzhen Newtrend Industrial Development Co., Ltd. with 35.16 million shares (36.50%). Upon completion, the company’s entire 96.23 million shares will be listed as H shares.
The announcement states that the relevant conversion and trading procedures for the new H shares will be carried out, with further progress updates provided as necessary. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.
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