On November 25, Runjian Co., Ltd. (stock code: 002929.SZ) made an announcement stating that the company is gearing up to issue H shares and apply for a listing on the Hong Kong Stock Exchange. The primary objective behind this move is to propel the company's global development strategy forward, solidify its business footprint in the realms of AI applications and computing power, and diversify its financing avenues. At present, specific details regarding this initiative remain undetermined.

It's important to note that this H-share listing endeavor will not bring about any alterations in the company's controlling shareholders or actual controllers. Once the definitive plan is crafted, it will be subject to scrutiny and approval by the company's board of directors and shareholders' meeting. Furthermore, the plan will necessitate obtaining approval, endorsement, or at the very least, filing with pertinent regulatory authorities, including the China Securities Regulatory Commission and the Hong Kong Securities and Futures Commission, in accordance with standard procedures and regulatory requirements.