KEYMED BIO-B (02162): It is recommended to issue shares in Renminbi and list on the Sci-Tech Innovation Board of the Shanghai Stock Exchange.

date
21:38 19/08/2026
avatar
GMT Eight
Kanoia-B (02162) announced that on August 19, 2026, the board of directors decided to propose the issuance of ordinary shares listed on the Shanghai Stock Exchanges Sci-Tech Innovation Board (the Sci-Tech Innovation Board) and traded in Renminbi (proposed issuance of Renminbi shares). The proposed issuance of Renminbi shares is subject to and depends on (including) market conditions, further approval by the board of directors, approval by the company's shareholders at the company's general meeting, and obtaining necessary regulatory approvals.
KEYMED BIO-B (02162) announced that on August 19, 2026, the Board of Directors of the company decided to propose the issuance of common stock to be listed and traded in RMB on the Shanghai Stock Exchange's Sci-Tech Innovation Board (the "Sci-Tech Innovation Board") (the proposed issuance of RMB shares). The proposed issuance of RMB shares is subject to and contingent upon (among other things) market conditions, further approval by the Board of Directors, approval by the company's shareholders at the shareholders' meeting, and obtaining necessary regulatory approvals. As of the date of this announcement, aside from the preliminary plan for the proposed issuance of RMB shares and information disclosed separately in this announcement, the Board of Directors does not have any other plans concerning the proposed issuance of RMB shares, nor has it submitted any applications regarding the proposed issuance of RMB shares to the relevant regulatory authorities.