New stock news | It is rumored that Shenma Group's Pingdingshan Tianan Coal Mining Co., Ltd. and Shenma Industrial plan to launch a secondary listing in Hong Kong for Pingdingshan Tianan Coal. Mining Co., Ltd. and Shenma Industrial's ultra-hard materials branch.

date
19/08/2025
avatar
GMT Eight
According to Shanghai Securities News, Li Mao, the Secretary of the Party Committee and Chairman of China Pingmei Shenma Group, revealed that the group is actively promoting asset securitization in order to establish a financing platform for the group overseas, supporting the company's strategy of going global.
China Pingmei Shenma Group is accelerating its pace of capitalization. According to Shanghai Securities News, Li Mao, the Secretary of the Party Committee and Chairman of China Pingmei Shenma Group, revealed that the group is actively promoting asset securitization, aiming to establish a financing platform overseas to support the company's international expansion strategy. Among them, Henan Pingmei Shenma Superhard Materials Co., Ltd. has started the process of listing in Hong Kong, and is expected to complete the listing as early as September 2026; Pingdingshan Tianan Coal Mining Co., Ltd. and Shenma Industrial plan to list in Hong Kong and complete the "A+H" dual listing layout. Li Mao stated that the group hopes to increase the number of its listed companies from the current 4 to 6 to 7 by the end of the current term of the Party Committee in 2028. It is reported that Pingmei Shenma Group currently has 4 listed companies, including Pingdingshan Tianan Coal Mining Co., Ltd. and Shenma Industrial listed on the Shanghai and Shenzhen Stock Exchanges, Henan Yicheng New Energy listed on the Shenzhen Stock Exchange, and GWKJ listed on the Beijing Stock Exchange. In addition, as of the end of 2024, Pingmei Shenma Group has 6 companies listed on the New Third Board, including Tiangong Technology, Shenma Huawai, Kuangyi Shares, and Tiancheng Environmental Protection.