XPD 0.00% 1.3¢ xpd soccer gear group limited

I read somewhere that listed Chinese companies need to have...

  1. 125 Posts.
    lightbulb Created with Sketch. 3
    I read somewhere that listed Chinese companies need to have local ownership of at least 50%.. In the annual accounts it looks like this has reduced significantly.. Around 28% plus a few smaller holdings.

    Does this now mean that the local Chinese investors need to purchase more shares once the company is relisted.
 
watchlist Created with Sketch. Add XPD (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.