New Stock News | Baogai New Materials Plans to List on the Hong Kong Stock Exchange After Successfully Listing on the New Third Board Last Year

Wisdom Financial APP learned that Shandong Baogai New Material Technology Co., Ltd. recently announced that in order to further enhance the company's capital strength and overall competitiveness, the company plans to conduct an initial public offering of shares (H shares) overseas and apply for listing on the GEM of the Hong Kong Stock Exchange. Baogai New Material's announcement stated that the issuance of H shares is subject to approval by the shareholders' meeting, as well as approval from relevant government agencies, regulatory bodies such as the China Securities Regulatory Commission, the Hong Kong Securities and Futures Commission, and the Hong Kong Stock Exchange.