Shuangdeng Gets CSRC Green Light for Full Circulation of 191.77 Million H Shares

Bulletin Express04-02

Shuangdeng Group Co., Ltd. confirmed that China Securities Regulatory Commission (CSRC) has issued a filing notice dated 26 March 2026, completing the regulatory filing for the company’s H-share full-circulation plan. The approval covers the conversion of 191.77 million domestic and unlisted foreign shares into H shares for listing in Hong Kong.

The filing concludes the CSRC’s review process initiated after Shuangdeng’s application on 9 September 2025. Specific implementation details—such as the final conversion timetable and listing arrangements—remain pending and will be disclosed in subsequent announcements, in line with Hong Kong’s Inside Information Provisions and the Listing Rules.

Shuangdeng emphasized that the H-share conversion and listing are still subject to additional procedures required by the Stock Exchange of Hong Kong and other domestic regulators. The board advised shareholders and potential investors to exercise caution when trading the company’s securities.

The announcement was authorized by Dr. Yang Rui, Chairman, Executive Director and Chief Executive Officer, and released in Hong Kong on 1 April 2026. As of that date, the board comprises three executive directors, one non-executive director and three independent non-executive directors.

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