CF PharmTech Files Application for H Share Full Circulation with CSRC

Reuters01-12
CF PharmTech Files Application for H Share Full Circulation with CSRC

CF PharmTech, Inc. announced that it has submitted a filing application to the China Securities Regulatory Commission (CSRC) for the proposed implementation of H Share Full Circulation. The proposal involves the conversion of 107,408,422 domestic unlisted shares into H Shares on a one-for-one basis, which, upon completion of all required filings, approvals, and compliance with relevant regulations, will be listed and traded on the Hong Kong Stock Exchange. The company has not yet applied to the Hong Kong Stock Exchange for the conversion and listing, and the implementation plan details have not been finalized. Further announcements will be made as progress is achieved.

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