Guoquan Food (Shanghai) (HKG:2517) received approval for its application for listing and permission to deal in 11,353,576 H shares from the Hong Kong Stock Exchange on Thursday, a Monday Hong Kong bourse filing said.
The said shares are the total number of domestic unlisted shares that will be converted following the conversion and listing.
Upon the completion of the conversion and listing, the number of domestic unlisted shares of the company will reduce from a little over 949.3 million shares to a little over 937.9 million shares while its H shares will increase to almost 1.81 billion shares from nearly 1.80 billion shares.