According to the Zhitong Finance App, the US and China Jiahe (02453) announced that the company submitted an application to the China Securities Regulatory Commission on April 30, 2024 to convert some domestic shares with a face value of RMB 1.00 per share of companies issued abroad to H shares with a face value of RMB 1.00 per share of companies listed on the main board of the Stock Exchange. After obtaining all relevant approvals (including filing and/or approval with the China Securities Regulatory Commission and the Stock Exchange) and complying with all applicable laws, regulations and rules, these domestic shares will be converted to H shares, and the company will apply for listing and trading of these H shares on the main board of the Stock Exchange.
As of the date of this announcement, the details of the Company's implementation plan for conversion and listing have not been finalized.