YUNJI Receives Regulatory Clearance for Full H-Share Circulation

Stock News07-21

YUNJI (ASX: 02670) has announced the receipt of a filing notice from the China Securities Regulatory Commission (CSRC) concerning the implementation of a full circulation scheme for its H-shares.

According to the company's statement, the filing notice indicates that the regulatory filing for the conversion and full circulation of approximately 7.1535 million domestic unlisted shares into H-shares has been completed with the CSRC.

The issued filing notice is valid for a period of 12 months from its date.

The company stated it will proceed to apply to The Stock Exchange of Hong Kong for the listing and trading approval of the corresponding H-shares.

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