Shantui plans Hong Kong Stock Exchange H-share listing

Shantui Construction Machinery Co., Ltd. (SZSE:000680) announced it is planning to list its H-shares on the Hong Kong Stock Exchange (HKEX). The proposed listing aims to strengthen the company’s global presence and access to international capital markets. The company is currently in discussions with relevant intermediaries regarding the specifics of the listing. Details are still under consideration. The company also stated that the listing will not result in a change of controlling shareholder. The plan requires approvals from Shantui's board and shareholders, the China Securities Regulatory Commission (CSRC), and the HKEX. The company cautioned investors about uncertainties surrounding the approval process and urged them to be aware of investment risks. The company affirmed it will disclose information in a timely manner.