China Smart Energy (01004) plans to carry out a “20 in 1” share consolidation and change the trading unit of each lot

Zhitong Finance App News, China Smart Energy (01004) issued an announcement. The board of directors proposed a share merger. The benchmark is to combine the issued and unissued existing shares with a face value of HK$0.0025 per 20 shares into a consolidated share with a face value of HK$0.05 per share. As of the date of this announcement, existing shares were traded on the Stock Exchange with each trading order of 2,000 existing shares. The board of directors recommended changing the trading unit for each lot traded on the Stock Exchange from 2,000 existing shares to 10,000 consolidated shares, but only after the share consolidation takes effect.