---
title: "NEWTREND GROUP has been approved for full circulation of over 41.08 million H shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/277854033.md"
description: "NEWTREND GROUP announced that the Stock Exchange has approved its implementation of \"H Share Full Circulation,\" with a total of 41.0823 million domestic shares to be converted into H Shares for listing and trading. The shares involved in this conversion account for 42.7% of the company's existing issued share capital, held by two shareholders. After the conversion is completed, all issued shares of the company will be H Shares, increasing the total to 96.231 million shares, accounting for 100% of the issued share capital"
datetime: "2026-03-05T00:43:53.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/277854033.md)
  - [en](https://longbridge.com/en/news/277854033.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/277854033.md)
---

# NEWTREND GROUP has been approved for full circulation of over 41.08 million H shares

NEWTREND GROUP (02573.HK) announced that the Stock Exchange has approved the company's implementation of "full circulation of H shares" on Tuesday (3rd), with a total of 41.0823 million domestic shares to be converted into H shares for listing and trading on the Stock Exchange.

This conversion involves a total of 41.0823 million domestic shares, accounting for approximately 42.7% of the company's existing issued share capital, held by two participating shareholders, including Wang Xiaoqiang holding approximately 6.2% and Shenzhen NEWTREND GROUP Industrial Development Co., Ltd. holding approximately 36.5%.

Upon completion of the conversion, all of the company's issued shares will be H shares, and the total number of H shares will increase to 96.231 million shares, accounting for 100% of the issued share capital, and domestic shares will no longer exist

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