Shiyue Daotian Group (HKG:9676) has obtained approval for the listing of and permission to deal in 165,518,980 H shares from the Hong Kong stock exchange on Thursday, a same-day bourse filing said.

The H shares represent the maximum number of domestic shares to be converted into H shares under the conversion and listing, according to the pantry staple food company.

The firm had, in early December, received a regulatory approval for the conversion of the domestic unlisted shares held by five shareholders, representing 15.5% of its issued share capital, to H shares.