CALB (03931) has announced that, in accordance with relevant guidelines and in response to shareholder interest in participating in an H-share full circulation program, its board of directors considered and approved a proposal on February 5, 2026. The plan involves converting 207,102,914 domestic shares held by certain shareholders into H-shares, representing approximately 11.69% of the company's total issued share capital as of the announcement date. The final number of domestic shares to be included in the full circulation application is subject to approval from the China Securities Regulatory Commission and the Hong Kong Stock Exchange. This figure may be adjusted prior to the completion of the H-share full circulation if the company issues bonus shares or capitalizes its reserves for existing shareholders. As of the announcement date, the company has already submitted the required application documents for the H-share full circulation to the CSRC.