Zhejiang Sanhua Intelligent Controls (002050.SZ): Hong Kong Stock Exchange considers company's issuance of H shares.

Zhejiang Sanhua Intelligent Controls (002050.SZ) announced that the company is in the process of applying to issue overseas-listed shares (H shares) and list on the main board of The Stock Exchange of Hong Kong Limited (hereinafter referred to as "Hong Kong Stock Exchange"). The Listing Committee of the Hong Kong Stock Exchange held a listing hearing on May 22, 2025 to review the company's application for this listing. The joint sponsors for the company's listing have received a letter from the Hong Kong Stock Exchange on May 23, 2025, stating that the Listing Committee of the Hong Kong Stock Exchange has reviewed the company's listing application. However, this letter does not constitute formal listing approval, and the Hong Kong Stock Exchange still has the authority to provide further comments on the company's listing application.