QIYUNSHAN FOOD (02797) has announced a significant corporate action aimed at converting a substantial portion of its existing shares into freely tradable H-shares.
On August 26, 2026, the company's board of directors convened and formally approved a proposal to transform 75 million non-listed shares, currently held by certain shareholders, into H-shares. This conversion represents approximately 75.0% of the company's total issued share capital as of the announcement date.
The implementation of this full H-share circulation is conditional upon the completion of necessary filings with the China Securities Regulatory Commission (CSRC) and subsequent approval from The Stock Exchange of Hong Kong Limited.