CALB Group Co., Ltd. (Stock Code: 3931) Announces Proposed H Share Full Circulation

Bulletin Express
02/05

CALB Group Co., Ltd. (Stock Code: 3931) disclosed its plan to implement H Share full circulation, referencing the “Guidelines on Application for ‘Full Circulation’ of Domestic Unlisted Shares of H-share Companies” issued by the China Securities Regulatory Commission.

The board has approved the conversion of 207,102,914 domestic shares into H Shares. These shares represent approximately 11.69% of the company’s total issued share capital as of the announcement date of 5 February 2026. The proposed H Share conversion will be subject to filing with the CSRC and approvals from the Hong Kong Stock Exchange.

No general meeting is required for the plan under the company’s Articles of Association and applicable PRC laws. Subject to obtaining all necessary approvals, the relevant domestic shares will be converted into H Shares and an application for their listing on the Main Board of the Hong Kong Stock Exchange will be made.

The filing application documents have already been submitted to the CSRC, and further updates will be announced in accordance with the Listing Rules. Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities.

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