Shenzhen Pagoda Industrial (Group) Corporation Limited (Stock Code: 2411) has secured the Stock Exchange’s approval on October 21, 2025, to list and permit the dealing of 85,448,554 H Shares converted from Unlisted Shares. This conversion constitutes approximately 4.6980% of the total issued share capital of 1,818,837,500 shares.

According to the announcement, three shareholders will participate in the conversion process. The total number of Unlisted Shares of 85,448,554 includes 83,957,019 shares held by YU Huiyong, 844,978 shares held by Shenzhen Zhuopu Investment Development Partnership Limited Partnership, and 646,557 shares held by Xinyu Shuoguo Investment Center Limited Partnership. Upon completion, all 1,818,837,500 shares will be H Shares, effectively unifying the share capital structure.

The company will finalize the relevant conversion and trading procedures for these H Shares and make further announcements on any progress in accordance with the Listing Rules and applicable laws. The company advises shareholders and potential investors to exercise caution when trading its shares.