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Yan Palace (01497.HK) granted trust beneficial interest equivalent to 6.5575 million shares of related H shares.
Gelonghui December 4丨yan palace (01497.HK) announced that on December 4, 2024, according to the listed in hong kong incentive plan, the board of directors resolved to grant trust beneficiary rights equivalent to 6.5575 million shares of relevant H shares to 73 eligible individuals, amounting to approximately 1.41% of the company's issued share capital as of the date of this announcement. The number of H shares involved in the trust beneficiary rights granted to related persons is 2,460,500 shares of relevant H shares, amounting to approximately 0.53% of the company's issued share capital as of the date of this announcement. All relevant H shares are purchased by the trustee in the secondary market according to the terms of the listed in hong kong incentive plan. This is hereby stated.
Xiamen Yan Palace Gains Approval for H Share Circulation
Yan Palace (01497) has obtained approval from the Hong Kong Stock Exchange for the proposed implementation of full circulation of H shares.
Yan Palace (01497) announced that the Stock Exchange has approved the issuance of 0.137 billion shares on November 20, 2024 according to...
Yan Palace (01497 listed in hong kong) has applied for the proposed implementation of full circulation of H股 and has been approved by the Hong Kong Stock Exchange.
On November 21, 2023, Gelonghui announced that yan palace (01497.HK) board of directors is pleased to announce that the Stock Exchange has approved the listing and trading of 136,580,700 shares of H shares on November 20, 2024, subject to the fulfillment of all other conditions for conversion and listing.
As the second batch of lock-up expiration date approaches, can yan palace (01497) with a net profit decline of over 40% maintain the cornerstone profit and loss line?
Currently, there are only 28 days left until the second batch of cornerstone unlock time of yan palace on December 12th. Its secondary market performance may once again become the market focus.
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While the secondary market is changing rapidly, the Hong Kong IPO market is quietly brewing for a warm comeback.
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