Zhitong Finance App News, Jintai Energy Holdings (02728) announced that the board of directors proposed a share consolidation based on the merger of issued and unissued existing shares with a face value of HK$0.00125 per 20 shares into one consolidated share with a face value of HK$0.025 per share.

Furthermore, the board of directors proposed changing each trading unit traded on the Stock Exchange from 4,000 existing shares to 5,000 consolidated shares after the share merger comes into effect and subject to its regulations.

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