Capital Information (01075) announced that the company proposed a share merger with a face value of RMB 0 for every 10 shares...
Zhitong Finance App News, Capital Information (01075) announced that the company proposed a share merger. The benchmark is to consolidate existing domestic shares with a face value of RMB 0.10 per share into 1 consolidated domestic share with a face value of RMB 1.00 per share; and merge existing H shares with a face value of RMB 0.10 per share into consolidated H shares with a face value of RMB 1.00 per share.
As of the date of this announcement, the trading unit for each lot of existing H shares was 6000 shares of existing H shares. After the proposed share merger comes into effect, the board of directors also proposed changing the trading unit for each lot traded on the Stock Exchange from 6,000 existing H shares to 1,000 consolidated H shares.