Zhitong Finance App News, Huaxia Water Group (08401) issued an announcement. The board of directors of the company proposed a share consolidation based on the basis of merging issued and unissued existing shares with a face value of HK$0.01 per 20 shares in the company's share capital into 1 consolidated share with a face value of HK$0.20 per share. Furthermore, the board of directors proposed changing the trading unit for each lot of the company's shares traded in GEM from 2,000 existing shares to 10,000 consolidated shares after the share merger comes into effect.

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