Capchem plans Hong Kong H-share listing to fuel global expansion

Shenzhen Capchem Technology Co., Ltd. announced resolutions from its board meeting on December 11, 2025. The board approved the company's plan to issue H-shares and list them on the Main Board of the Hong Kong Stock Exchange to advance its globalization strategy, enhance international brand image, and optimize its capital structure. The proposed H-share offering will be for ordinary shares, denominated in RMB1.00 per share, with subscriptions in foreign currency.

The total number of H-shares to be issued will not exceed 15% of the company's total share capital after the issuance, prior to any over-allotment option. The final issuance price will be determined based on international capital market conditions, the company's valuation, and investor demand. The board also approved a resolution for the validity period of the H-share listing to be 24 months from the date of shareholder approval.

Additionally, the board approved several related proposals, including the use of proceeds for global capacity building, research and development investment, and operational capital. The company will also adjust its articles of association and governance documents to align with the requirements for a dual listing. The board authorized the chairman and board secretary to handle all related matters concerning the H-share issuance and listing.