Inovance Technology: Planning for H-Share Issuance and Listing on the Hong Kong Stock Exchange
1 week ago / Read about 0 minute
Author:小编   

Inovance Technology made an announcement (in this context, "announcement" can be more naturally rendered as "public notice") stating that, as part of its efforts to further its internationalization strategy and bolster its global competitiveness, the company intends to issue H shares overseas and seek a listing on the Hong Kong Stock Exchange. At present, the company is actively engaged in discussions with intermediaries regarding pertinent matters, though specific details remain undetermined. It is important to note that this issuance and listing will not alter the company's actual controller. Once the plan is finalized, it will require approval from the board of directors, the shareholders' meeting, and relevant regulatory authorities. Given the substantial uncertainty surrounding this matter, the company will disclose subsequent developments in compliance with legal requirements and cautions investors to be mindful of the associated risks.