On November 3, Changzhou Fusion New Materials Co., Ltd. (SH: 688503) announced that it is planning an overseas share (H-shares) issuance and listing on The Stock Exchange of Hong Kong Limited. This strategic move aims to advance the company’s global development strategy and overseas business layout, enhance its brand influence and core competitiveness, and consolidate its industry-leading position.
The company stated that the listing is intended to fully leverage the resources and mechanisms of international capital markets, optimize its capital structure, diversify financing channels, and comprehensively strengthen its overall capabilities.
The announcement indicated that the company is currently in discussions with relevant intermediaries regarding the specific advancement work for the H-share listing. While the details have not yet been finalized, it was clarified that the listing will not result in any changes to the company’s controlling shareholder or ultimate controller.
