On August 7, 2026, Red Avenue New Materials Group disclosed that it had obtained the "Notice on Filing for Overseas Issuance and Listing" (Guohan [2026] No. 1875) from the China Securities Regulatory Commission (CSRC). The company intends to issue up to 78,724,900 ordinary shares as part of its overseas listing initiative, with the goal of securing a spot on the Main Board of the Hong Kong Stock Exchange. This proposed listing remains contingent upon the receipt of necessary approvals and authorizations from pertinent regulatory bodies and stock exchanges, encompassing the Hong Kong Securities and Futures Commission and the Hong Kong Stock Exchange.
