The International Cooperation Department of the China Securities Regulatory Commission (CSRC) has officially issued a filing notification, confirming that Nasen Intelligent Technology (Zhejiang) Co., Ltd. is set to issue a maximum of 109,058,400 ordinary shares for an overseas listing, with the intention of being traded on the Hong Kong Stock Exchange. In conjunction with this, 29 shareholders of the company have announced their plans to convert their existing holdings of 537,389,792 domestic unlisted shares into shares eligible for overseas listing. These converted shares will then be listed and circulated on the same Hong Kong Stock Exchange.
