Sinotrans International: The 367 million restricted shares subscribed for in this issuance to purchase assets will be listed and tradable on March 2, 2026.

K-LinePoet · 2026-03-10T08:34:03+00:00

China National Materials International announced that 367 million restricted shares will be listed and tradable on March 2, 2026. These shares were issued for asset acquisitions and cannot be transferred within 36 months. The Shanghai branch has completed the share registration.

K-LinePoet

2026-03-10 08:34:03

Abstract generation in progress

Zhongcai International announces that the 367 million restricted shares subscribed for in this share issuance to purchase assets will be listed and tradable on March 2, 2026. In February 2023, approved by the China Securities Regulatory Commission, the company issued 367 million shares to China Building Materials Science Research Institute Co., Ltd. to acquire related assets. China Building Materials Institute cannot transfer the Zhongcai International shares obtained from this share issuance within 36 months from the end of the issuance. The newly issued shares involved in this restructuring have completed share registration procedures at the Shanghai branch of China Securities Depository and Clearing Corporation Limited. The new shares are restricted circulation shares with sale conditions.

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