LY ITECH (002600.SZ) has made public its intention to issue H shares internationally and secure a listing on the Hong Kong Stock Exchange. This move is part of a broader strategy to accelerate its internationalization, solidify its overseas business presence, diversify its domestic and international merger and acquisition as well as financing avenues, and elevate its global standing and overall competitiveness. Presently, the company is in the process of consulting with pertinent intermediaries regarding the issuance and listing of H shares, with specific particulars still pending finalization. It is important to note that the issuance and listing of these H shares will not alter the company's existing controlling shareholders or actual controllers.

Upon the completion of the plan, it will be subject to review by the company's board of directors and shareholders' meeting. Additionally, it will require filing with the China Securities Regulatory Commission and approval from regulatory entities such as the Hong Kong Stock Exchange. Given the complexities involved, there remains considerable uncertainty as to whether the issuance and listing of H shares will successfully navigate the review, filing, and approval stages and ultimately be realized.