Dinglong shares: Intends to issue H shares and list on the main board of the Hong Kong Stock Exchange.
Dinglong Corporation announced its intention to issue H shares and list them on the Main Board of the Hong Kong Stock Exchange. The size of this H share issue will not exceed 10% of the company's total share capital after issuance, and an additional overallotment option of up to 15% may be exercised based on market conditions. The funds raised will be used for capacity expansion in the core materials sector, technology and product research and development, strategic investments or acquisitions, improvement of domestic and international customer service network channels, working capital replenishment, and other general corporate purposes.
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