YUNJI (02670) proposes to subdivide its shares and change the trading unit per lot.
Yunji (02670) announced that the board of directors recommends the subdivision of the company's existing issued shares with a par value of RMB 1 each into 10 shares with a par value of RMB 0.1 each. As of the date of this announcement, the company's H-shares are traded on the Stock Exchange in units of 50 shares per lot. It is proposed that following the effective date of the share subdivision and contingent upon the effectiveness of the share subdivision, the trading unit on the Stock Exchange will be changed from 50 H-shares to 100 subdivided H-shares.
YUNJI (02670) announced that the board of directors recommends splitting each existing issued share with a par value of RMB 1 into 10 shares with a par value of RMB 0.1 each. As of the date of this announcement, the company's H shares are traded on the Stock Exchange in units of 50 H shares. It is proposed that after the split becomes effective, and subject to the split being effective, the trading unit on the Stock Exchange will change from 50 H shares to 100 split H shares.
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