Bama Tea gains CSRC clearance to convert 31.93 million domestic shares into H shares

Bulletin Express05-06

On 6 May 2026, Bama Tea Co., Ltd. announced receipt of a filing notice from the China Securities Regulatory Commission (CSRC) confirming completion of the filing process for the company’s H-share full-circulation plan.

Key points • Scope of conversion: Up to 31.93 million domestic shares held by 11 shareholders are eligible for conversion into H shares. • Validity period: The CSRC filing notice is effective for 12 months from the issuance date, expiring on 5 May 2027. • Next steps: The company will submit a formal application to Hong Kong Exchanges and Clearing Limited for the conversion and listing of the new H shares. Final share numbers and the implementation timetable have not yet been determined. • Regulatory requirements: Completion of the conversion and subsequent listing remains subject to approval by the Stock Exchange of Hong Kong and other relevant authorities. The company will issue further updates in accordance with listing rules and applicable laws.

Shareholders and potential investors are advised to exercise caution when dealing in Bama Tea’s shares until the conversion process is finalized.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment