Liaogang Holdings (02880.HK: Actively seeking feasible solutions to quickly meet the minimum public shareholding requirements

NightAirdropper · 2026-04-02T09:43:21+00:00

Liaogang Holdings announced that its H-share market value is approximately HKD 796 million, accounting for 3.67% of the issued shares, which is below the minimum requirement of the listing rules. The company will communicate with shareholders and advisors to seek solutions for a prompt adjustment and has applied to the Stock Exchange for a temporary transition period.

NightAirdropper

2026-04-02 09:43:21

Abstract generation in progress

Gelonghui April 2丨Liaoning Port Co., Ltd. (02880.HK) released an announcement. As of the date of this announcement, the market value of its H shares listed on the Stock Exchange and held by the public was approximately HK$796 million, which represented about 3.67% of the total number of issued shares in the category of H shares of the Company (excluding treasury shares). This figure remains below the minimum public float requirement set out in Rule 19A.28B(2). The Company has maintained communication with shareholders and engaged professional advisers to actively seek workable solutions to comply with the minimum public float requirement as soon as possible.

The Company has consulted the Stock Exchange regarding the circumstances in which it has not yet met the minimum public float requirement. The Stock Exchange has agreed that the Company may temporarily maintain the transitional arrangements to restore the public float in order to meet the minimum public float requirement, provided that the Company actively seeks workable solutions during the transitional period to comply with the minimum public float requirement as soon as possible.

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