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This document outlines the procedures for converting Ordinary Shares traded in Hong Kong into American Depositary Shares (ADSs) for trading on Nasdaq, as well as the process for converting ADSs back
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How to fill out conversion procedure

01
Identify the type of conversion required (e.g., measurements, currency, file formats).
02
Gather all necessary data and materials related to the conversion.
03
Refer to the appropriate conversion factors or formulas needed for the procedure.
04
Perform the calculations step-by-step using the identified factors or formulas.
05
Double-check each step for accuracy to ensure the conversion is correct.
06
Document the process and results clearly for future reference.

Who needs conversion procedure?

01
Businesses that require currency conversion for international transactions.
02
Scientists and researchers needing unit conversions for experiments.
03
Students needing help with math problems involving conversions.
04
Graphic designers converting file formats for different media.
05
Anyone involved in tasks that involve different units of measurements.
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The conversion procedure is a formal process used to change the status or classification of a legal entity, asset, or document in accordance with specific regulations or laws.
Generally, any organization or individual looking to change the structure of their legal entity, such as businesses converting from one entity type to another, must file a conversion procedure with the relevant authorities.
To fill out the conversion procedure, one must provide all required information accurately, including details of the current entity, the proposed new structure, compliance with applicable laws, and necessary documentation or forms as mandated by the governing body.
The purpose of the conversion procedure is to ensure a legal and systematic transition of an entity's structure, facilitating compliance with legal requirements and ensuring transparency in the change process.
Information that must be reported includes the current legal name and structure of the entity, proposed changes, reasons for conversion, fiscal information, compliance statements, and any statutory requirements that may apply.
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