Summary by Futu AI
Guoquan Food (Shanghai) Co., Ltd. ("Guoquan") announced that its application for the conversion and listing of 11,353,576 listed in Hong Kong (H shares) on the Hong Kong Stock Exchange ("HKEx") has been approved on November 7, 2024. The conversion involves a shareholder - Maotai (Guizhou) Investment Fund Partnership (Limited Partnership), with a shareholding of approximately 0.4133%. After the conversion and listing are completed, Guoquan's equity structure will change, with domestic unlisted shares decreasing from 34.5532% to 34.1400%, and H shares increasing from 65.4468% to 65.8600%. The company will complete the relevant conversion and trading procedures in accordance with the listing rules and applicable laws and will make further announcements on the progress in due course. Shareholders and potential investors should act prudently.