Zhejiang Sanhua Intelligent Controls (002050.SZ) plans to issue H shares and list them on the main board of the Hong Kong Stock Exchange.
13/12/2024
GMT Eight
Recently, Zhejiang Sanhua Intelligent Controls (002050.SZ) announced that in order to further promote the company's internationalization strategy, enhance the company's international image and overall competitiveness, the company plans to issue overseas listed shares (H shares) and apply for listing on the main board of The Stock Exchange of Hong Kong Limited.
According to the company's articles of association, Zhejiang Sanhua Intelligent Controls' business scope includes household appliance research and development; refrigeration, air conditioning equipment manufacturing; household appliance manufacturing; general valve and stopcock manufacturing (excluding special equipment manufacturing); general components; special equipment manufacturing; pump and vacuum equipment manufacturing; motor manufacturing, fan manufacturing, and testing services; import and export of goods, and import and export of technology. The company's business is mainly divided into refrigeration and air conditioning appliance component business and automotive component business.