Lakala Payment plans Hong Kong Stock Exchange listing

Lakala Payment Co., Ltd. (SZSE:300773) announced plans to list on the Hong Kong Stock Exchange (HKEX) through an overseas issuance of H-shares. The company is in discussions with intermediaries regarding the proposed listing. The offering will help facilitate the company's international expansion strategy and digital currency application in cross-border transactions. The H-share listing remains subject to approval from the company's board and shareholders, the People's Bank of China, the China Securities Regulatory Commission, and the HKEX. Investors are advised to be aware of investment risks due to uncertainties surrounding the approvals and implementation of the listing. The company will continue to disclose relevant information as required by laws and regulations.