Shanghai Biren Technology Co., Ltd. (Biren Tech) has applied to the China Securities Regulatory Commission (CSRC) on 5 June 2026 for the conversion of 867.51 million domestic unlisted shares into H shares on a one-for-one basis, aiming to achieve full circulation of its share capital.
The move follows the “Guidelines on Application for Full Circulation of Domestic Unlisted Shares of H-share Companies” and the “Trial Measures for the Administration of Securities Issuance and Listing by Domestic Enterprises Overseas.” The company’s board has approved the application; its articles of association do not require an additional shareholders’ meeting for the conversion and subsequent listing.
Once regulatory filings and approvals from the CSRC, Hong Kong Stock Exchange and other relevant authorities are secured, the newly converted H shares will be listed and permitted to trade on the HKEX Main Board.
As of the announcement date, the CSRC has not yet accepted Biren Tech’s filing, and the detailed implementation timetable has not been finalized. The company will issue further updates in line with regulatory progress.
Investors are advised to exercise caution when dealing in Biren Tech shares until the conversion and listing processes receive the requisite approvals.
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