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Muxi Corporation: Plans to issue H-shares and list on the Main Board of the Hong Kong Stock Exchange; multiple resolutions pending shareholder meeting review

MarsBitNews
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Mars Finance News, June 12 — Muxi Co., Ltd. announced that the company's first Board of Directors' 25th meeting reviewed multiple proposals, agreeing to the company's issuance of overseas listed foreign shares (H-shares) and applying for listing on the Main Board of the Hong Kong Stock Exchange, with an initial issuance scale not exceeding 5% of the total share capital after issuance, and granting an over-allotment option of up to 15% of the initial issuance scale. It also approved proposals such as converting to a foreign-funded joint-stock company that raises funds abroad and lists, and determining the validity period of the issuance resolution. Additionally, it includes changing independent directors, adjusting members of the specialized committees of the Board of Directors, and planning to change the securities affairs representative. All of the above proposals are subject to review by the company's first extraordinary general meeting to be held on June 29, 2026. (Company Announcement)
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