Shenghong Technology: Planning to issue H shares overseas and list on the Hong Kong Stock Exchange.

Shenghong Technology announced that the company is planning to issue shares overseas and list on the Hong Kong Stock Exchange to deepen its global strategic layout and create an international capital operation platform. Details are still being finalized, and the H-share listing will not lead to changes in the company's controlling shareholders and actual controllers. This matter requires review by the company's board of directors and shareholders' meeting, as well as filing with the China Securities Regulatory Commission and review by regulatory agencies like the Hong Kong Stock Exchange, with considerable uncertainty.