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On October 31, 2025, the International Cooperation Department of the China Securities Regulatory Commission (CSRC) issued a filing notification concerning CiDi Inc.'s overseas offering and listing, along with the "full circulation" of its domestic unlisted shares. As per the notification, CiDi Inc. has laid out plans to issue a maximum of 7,789,150 ordinary shares for its overseas listing, which will subsequently be traded on the Hong Kong Stock Exchange. In tandem with this, 51 shareholders of the company have expressed their intention to convert a combined total of 37,035,912 domestic unlisted shares they currently hold into overseas-listed shares. These converted shares will then also be made available for trading on the Hong Kong Stock Exchange, facilitating their full circulation in the international market.
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