Huasheng Lithium plans to issue H-shares and list on the Hong Kong Stock Exchange

NightAirdropper · 2026-03-12T13:45:26+00:00

Huasheng Lithium Battery announced plans to issue H-shares and list in Hong Kong to enhance its international brand recognition and support its globalization strategy. The company has approved the relevant resolutions and is currently discussing issuance details with intermediaries. On March 10, Huasheng Lithium Battery's stock price slightly declined, with a market capitalization of 17.22 billion yuan.

NightAirdropper

2026-03-12 13:45:26

Abstract generation in progress

Beijing Business Daily (Reporter Ma Huanchang, Li Jiaxue) — On the evening of March 10, Huasheng Lithium Battery (688353) announced that, to meet the company’s internationalization strategy and overseas business expansion needs, and to enhance the company’s global brand recognition, the company plans to issue H-shares and list on the Main Board of the Hong Kong Stock Exchange.

The announcement states that Huasheng Lithium Battery held its sixth meeting of the third board of directors on March 9, during which it approved proposals including “The Proposal on the Company Issuing H-shares and Listing on the Hong Kong Stock Exchange” and “The Plan for the Company to Issue H-shares and List on the Hong Kong Stock Exchange.”

Huasheng Lithium Battery said that the company will fully consider the interests of existing shareholders and the conditions of domestic and international capital markets, and will choose an appropriate time and issuance window within the validity period of the shareholders’ meeting (i.e., within 24 months from the date the shareholders’ meeting approves, or other periods approved for extension) to complete this H-share issuance and listing. As of now, the company is in discussions with relevant intermediaries regarding the H-share issuance and listing. Aside from the proposals approved by the board, other specific details of this issuance and listing have not yet been finalized.

Market data shows that on March 10, Huasheng Lithium Battery closed down 0.06%, at 107.98 yuan per share, with a total market value of 17.22 billion yuan.

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