Liaoning Port Co., Ltd. (2880) announced that, as of the date of the announcement, the market value of its publicly held H shares is approximately HK$810.00 million, representing about 3.67% of the total issued H shares (excluding treasury shares). This figure remains below the relevant minimum public float requirement set out in the Listing Rules. The company has been in communication with its shareholders and consulting professional advisors to explore feasible solutions for regaining compliance as soon as possible.
The Stock Exchange has agreed that transitional arrangements may be maintained on a temporary basis while the company works to restore its public float. Liaoning Port will publish monthly updates until the minimum public float requirement is fulfilled. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.