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On November 3, 2025, Juhuai Material (688503.SH) made an announcement. The company stated that, with the aim of propelling its global development strategy and expanding its overseas business presence (a more natural way to say "layout" in this context), along with boosting its brand influence and core competitiveness, it is formulating plans to issue overseas shares, namely H shares, and seek a listing on the Main Board of the Hong Kong Stock Exchange.
At present, the company is actively engaged in discussions with intermediaries regarding the specific implementation tasks. However, relevant details are still up in the air and have not been finalized. It's worth noting that this upcoming listing will not bring about any alterations to the company's controlling shareholder or actual controller.
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