Baiwang Co. Ltd. (Stock code: 6657) has announced the issuance of a filing notice by the China Securities Regulatory Commission (CSRC) regarding the full circulation of its H shares. Following the conversion, major shareholders including Ms. Chen Jie, Alibaba (China) Technology Co., Ltd., and several others will have their domestic shares converted into H shares, with Ms. Chen Jie converting 58,700,000 shares and Alibaba converting 9,338,074 shares, among others. The new H shares are listed on the Hong Kong Stock Exchange.
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