Beijing Urban Construction Design & Development Group Co., Limited (1599) reported that its public float remains at approximately 23.70%, below the 25% minimum required by the Listing Rules. The current shareholding structure comprises 960,733,000 domestic shares (71.24%) and 387,937,000 H shares (28.76%), of which 68,270,000 H shares (5.06%) are held by non-public persons.

In an effort to address the shortfall, the company is actively engaging with certain minority shareholders holding domestic shares to explore converting their holdings into H shares. A legal adviser has already been appointed to facilitate the full circulation of domestic shares, and some shareholders have verbally consented to move forward once their internal procedures are completed. The company intends to provide monthly updates to keep stakeholders informed regarding progress on restoring the required public float.