Shuangdeng Corporation (06960.HK) plans to implement full circulation of H shares.

The Zhongtong Finance APP reported that Shuangdeng Shares (06960.HK) announced that the company's board of directors has considered and approved a proposal to convert 192 million domestic shares held by certain shareholders of the company into H shares, accounting for approximately 46.01% of the total issued share capital of the company as of the date of this announcement. The number of non-listed domestic shares to be applied for full circulation of H shares in this round still needs to be filed with the China Securities Regulatory Commission and approved by the Hong Kong Stock Exchange.