Summary by Moomoo AI
JIAMIN GROUP LIMITED (TO BE RENAMED NEW ERA GROUP LIMITED) ANNOUNCED ON 12 MARCH 2024 THAT DUE TO THE PUBLIC HOLDING OF ONLY 24.54% AT THE DEADLINE FOR THE CONTRACT DEADLINE ON 9 FEBRUARY 2024, IT FAILED TO COMPLY WITH THE PUBLIC SHAREHOLDING REQUIREMENT SET OUT IN SECTION 11.23 (7) OF GEM LISTING RULES. Therefore, the company has applied to the exchange and received a temporary exemption period from 9 February to 11 April 2024 to comply with the public shareholding requirement. The underwriter plans to sell 4,365,000 shares after the end of the moratorium period in order to restore the minimum public holding. In addition, the Company will announce on March 25, 2024 its annual results for the year ended December 31, 2023.