Shenzhen Zhaowei plans HKEX listing via H-share issuance

Shenzhen Zhaowei Machinery & Electronic has announced plans to issue H-Shares and list on the Hong Kong Stock Exchange (HKEX). Approved at the company's third board of directors and supervisors meetings on April 3, 2025, the proposed listing aims to bolster the company's global strategy and corporate governance. The specific timing and details of the issuance are subject to shareholder approval and regulatory clearance from the China Securities Regulatory Commission, the HKEX, and the Securities and Futures Commission of Hong Kong. The company cautions that the listing is subject to uncertainties and will provide updates as the process unfolds.