Liaoning Port Works to Meet Minimum Public Float Requirement

Stock News
昨天

Liaoning Port (02880) has issued an announcement stating that, as of the date of the announcement, the market value of its H shares held by the public and listed on the Stock Exchange was approximately HKD 810 million. These H shares represent about 3.67% of the total issued shares of the company's H share class, excluding treasury shares. This figure remains below the minimum public float requirement stipulated in Rule 19A.28B(2) of the Listing Rules. The company has maintained communication with its shareholders and engaged professional advisors to actively explore feasible solutions to comply with the minimum public float requirement as soon as possible. Liaoning Port has consulted the Stock Exchange regarding the current non-compliance. The Exchange has granted the company a temporary grace period to restore the public float and meet the requirement, on the condition that the company actively seeks viable solutions during this transition period to achieve compliance promptly.

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