Muyuan Foods clears CSRC hurdle for Hong Kong H-share listing

Muyuan Foods Co., Ltd. has received filing approval from the China Securities Regulatory Commission (CSRC) for its proposed issuance of offshore listed foreign-invested shares (H shares) on the Main Board of The Stock Exchange of Hong Kong Limited. The CSRC’s notice confirms the company's plan to issue no more than 546,276,700 ordinary shares for listing on the Hong Kong Stock Exchange.

The approval requires Muyuan Foods to report any significant events through the CSRC’s filing management information system from the date of the notice until the completion of the offshore offering. The company must also report the outcome of the offshore listing within 15 working days after its completion and adhere to all relevant laws and regulations. If the listing is not completed within 12 months, Muyuan Foods will need to update its filing materials.

This filing approval confirms the information provided by Muyuan Foods regarding its offshore listing but does not constitute an endorsement of the securities' investment value or guarantee the accuracy, completeness, or truthfulness of the filing materials. The listing remains subject to further approvals from the Hong Kong Securities and Futures Commission and the Hong Kong Stock Exchange.