Zhongmiao Holdings (01471) stock price fluctuates, it is recommended to apply for full circulation of H shares.

Zhongmiao Holdings (01471) announced that the board of directors has noted the recent increase in the company's share price and trading volume. After conducting a reasonable inquiry into the relevant circumstances regarding the company, the board of directors confirms that, apart from the disclosures below, they are not aware of any reasons for such price or volume fluctuations, or any material information that must be disclosed to avoid false markets in the company's securities, or any insider information required to be disclosed under Part XIV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). The company has submitted an application to the China Securities Regulatory Commission to convert approximately 106 million non-listed domestic shares into H shares. Upon obtaining all filings and/or approvals from relevant regulatory authorities (including but not limited to the China Securities Regulatory Commission and the Hong Kong Stock Exchange), and in compliance with all applicable laws and regulations, the non-listed shares will be converted into H shares and will be eligible for listing and trading on the Hong Kong Stock Exchange.