Dingli Capital (00356.HK) intends to implement a "15-for-1" stock consolidation and change in the trading unit per lot.

The Zhijia Finance and Economics APP learned that Dingli Capital (00356.HK) has announced that the board of directors has recommended implementing a stock consolidation, with a basis of consolidating every 15 existing shares of the company's issued and unissued capital into 1 consolidated share. As of the date of this announcement, the existing shares are traded in units of 30,000 shares on the Hong Kong Stock Exchange. It is recommended that after the stock consolidation takes effect and as a condition, the trading units on the Hong Kong Stock Exchange be changed from 30,000 existing shares to 5,000 consolidated shares.