Shanghai Zhida Proposes Five-for-One Subdivision of Hong Kong-Listed H Shares
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Shanghai Zhida Technology Development Co., Ltd. (HK:2650) has proposed a five-for-one subdivision of its H shares, reducing the par value from RMB1.00 to RMB0.20. This will increase the number of issued H shares to 298,944,035 while keeping the total registered share capital unchanged at RMB59,788,807. The proposal requires shareholder approval and regulatory clearances, with an expected effective date of February 20, 2026, if conditions are met. Investors are cautioned that the transaction may not proceed if conditions are not fulfilled.
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