BRETON unveils plan to convert 32.28 million domestic shares for full H-share circulation

Bulletin Express
May 26

BRETON Technology Co., Ltd. (the Company) has approved a proposal to implement full circulation for 32.28 million domestic unlisted shares, representing approximately 8.28% of its total issued share capital as at 26 May 2026.

The Board confirmed that, once all regulatory clearances are obtained, the designated domestic shares will be converted into H-shares and listed for trading on the Main Board of The Stock Exchange of Hong Kong. Required approvals include (i) filing with the China Securities Regulatory Commission (CSRC) and (ii) listing permission from Hong Kong Exchanges and Clearing Limited.

Under the Company’s Articles of Association, no additional general meeting is necessary for this conversion. As of the announcement date, the Company has not yet submitted the filing application to the CSRC, nor applied to the Stock Exchange for the conversion and listing. Implementation details remain under formulation.

Shareholders and potential investors are urged to exercise caution, as execution of the full-circulation programme is contingent on procedural approvals from the CSRC, the Stock Exchange and other relevant authorities.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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