Summary by Futu AI
HUA RUN BEER (00291.HK) ANNOUNCED THAT IT WILL CHANGE FROM 2,000 SHARES TO 500 SHARES FROM 2,000 SHARES WITH EFFECT FROM APRIL 11, 2024, ITS PER UNIT TRADED ON THE MAIN BOARD OF THE HONG KONG STOCK EXCHANGE LIMITED. The move is designed to reduce the market value of each trader, thereby increasing the liquidity of the shares and expanding the shareholder base of the company. From March 25 to May 6, 2024, shareholders may redeem existing shares of 2,000 shares held per share free of charge for new shares of 500 shares per share. The Board of Directors states that this change does not affect the relevant rights of shareholders and considers it to be in the overall interests of the company and shareholders.