According to Zhitong Finance App, Baihong Industrial (02299.HK) issued an announcement. The board of directors proposed a share merger. According to this, the issued and unissued existing shares with a face value of HK$0.01 for every two shares in the company's share capital will be merged into one consolidated share with a face value of HK$0.02 per share.

According to Zhitong Finance App, Baihong Industrial (02299.HK) issued an announcement. The board of directors proposed a share merger. According to this, the issued and unissued existing shares with a face value of HK$0.01 for every two shares in the company's share capital will be merged into one consolidated share with a face value of HK$0.02 per share.