Cooltech Power plans h-share listing on Hong Kong Stock Exchange

Shanghai Cooltech Power Co., Ltd. announced that its board of directors authorized management to initiate preparatory work for the company’s overseas issuance of H-shares and subsequent listing on The Stock Exchange of Hong Kong Limited. This strategic move aims to deepen its international presence, meet overseas business expansion needs, enhance global brand recognition, and strengthen its comprehensive competitiveness by connecting with international capital markets.

The decision was formalized during the board's twelfth meeting, where the proposal to authorize preparatory work for the H-share issuance and listing was unanimously approved. The company emphasizes that specific details are yet to be finalized and will require further approval from its board and shareholders, as well as relevant regulatory bodies including the China Securities Regulatory Commission and the Hong Kong Stock Exchange.

Shanghai Cooltech Power reminds investors that the H-share issuance and listing process involves significant uncertainties, cautioning them to be aware of potential risks. All official information will be disclosed through designated media outlets.