Wolong Electric plans Hong Kong Stock Exchange listing

Wolong Electric Group announced plans to pursue a listing of its H shares on the Hong Kong Stock Exchange (HKEX). The decision, aimed at strengthening the company's global strategy and international competitiveness, will involve discussions with relevant intermediaries to determine the specific details of the H-share issuance and listing. The proposed listing is subject to approval by the company’s board of directors and shareholders, as well as regulatory clearances from the China Securities Regulatory Commission (CSRC) and the HKEX. The company acknowledged the uncertainties involved and committed to timely disclosure of further developments, advising investors to be aware of potential investment risks.