Shenghong Technology has officially declared its intent to apply for the issuance of foreign capital shares, specifically H shares, with the aim of achieving an overseas listing on the Main Board of the Hong Kong Stock Exchange. On March 26, 2026, the Listing Committee of the Hong Kong Stock Exchange conducted a listing hearing to scrutinize the company's application for this share issuance and subsequent listing. The following day, March 27, the joint sponsors were informed via letter that the Listing Committee had indeed reviewed the application. However, it is crucial to note that this letter does not signify formal approval; rather, the Hong Kong Stock Exchange retains the prerogative to solicit additional comments or information. Consequently, the issuance and listing are still contingent upon obtaining final approval from the pertinent regulatory bodies and securities exchanges, and the outcome remains subject to uncertainty.