EB ENVIRONMENT (00257) Proposes RMB-denominated Share Issuance and Listing on Shenzhen Stock Exchange

Stock News11-14

EB ENVIRONMENT (00257) announced on November 14, 2025, that its board of directors has approved a preliminary proposal for the potential issuance of RMB-denominated shares and their subsequent listing on the Shenzhen Stock Exchange. The proposed share issuance is subject to several conditions, including market conditions, shareholder approval at the company's general meeting, and necessary regulatory approvals. The company plans to issue up to 800 million RMB-denominated shares, with the net proceeds initially earmarked for developing its core business operations and supplementing general working capital. The final use of proceeds will be disclosed in the prospectus upon approval by relevant regulatory authorities.

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