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On October 28, Kingboard Electronic (603228.SH) made an announcement stating that the company is in the process of planning an overseas issuance of H shares, with the intention of listing them on the Main Board of the Hong Kong Stock Exchange. This strategic move is aimed at deepening its global footprint, bolstering its international competitiveness, and broadening its financing avenues. At present, the specific details regarding this issuance remain undetermined. Importantly, this issuance will not lead to any alterations in the company's controlling shareholders or actual controllers. It's worth noting that this matter is still subject to thorough deliberation by the company's board of directors and shareholders at a general meeting. Additionally, it will require the necessary filings, approvals, or authorizations from the pertinent regulatory bodies before proceeding.
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