TechFlow reports that on May 31, MiniMax Group Inc. announced that its Board of Directors has resolved to explore a preliminary proposal for issuing RMB-denominated shares, which may involve entering into agreements with professional advisors and consulting or negotiating with relevant securities or other regulatory authorities. The company has engaged professional advisors to provide guidance on meeting the listing requirements for the Shanghai Stock Exchange’s Sci-Tech Innovation Board (STAR Market) and has signed a tutoring agreement. The proposed issuance of RMB-denominated shares remains subject to market conditions and requisite regulatory approvals.
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