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Shantui Construction Machinery Co., Ltd. is set to issue H shares on the Hong Kong Stock Exchange, aiming to propel its globalization strategy and deepen its ties with international capital markets. While specific details remain to be finalized, it is confirmed that this listing will not alter the company's controlling shareholders or actual controllers. The proposal necessitates rigorous deliberation by the company's board of directors and shareholders' general meeting, as well as approval from regulatory authorities such as the China Securities Regulatory Commission and the Hong Kong Stock Exchange, introducing inherent uncertainties. Shantui Construction Machinery Co., Ltd. commits to fulfilling its information disclosure obligations promptly.
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