Gelonghui, May 23, 丨 New Founding Group (00659.HK) announced that on the date of this announcement, the company's public shareholding volume was about 23.83%, which is still slightly lower than the requirement to maintain a minimum public shareholding of 25% as set out in section 8.08 (1) (a) of the listing rules.
As the exemption expires on May 23, 2024, the company has applied to the Stock Exchange for an extension of the exemption period.