Lates News

Midea Group announced that its subsidiary, Anderzhi Lian Supply Chain Technology Co., Ltd., has submitted an application for listing on the main board of the Hong Kong Stock Exchange on August 27, 2025, through its joint sponsors. The initial offering size of Anderzhi Lian H shares shall not exceed 20% of the enlarged total share capital of Anderzhi Lian after the immediate offering (before the exercise of the over-allotment option), and the underwriters shall be granted an over-allotment option of up to 15% of the initial offering size of Anderzhi Lian H shares. The proposed spin-off listing is subject to approval or filing by the China Securities Regulatory Commission, the Hong Kong Stock Exchange, and other relevant regulatory authorities.