Wufangzhai (603237.SH) plans to issue H shares and list on the Hong Kong Stock Exchange.

Zhitong Finance and Economics APP news, Wufangzhai (603237.SH) has issued an announcement. In order to accelerate the company's internationalization strategy and overseas business layout, enhance the company's international brand image, and build a diversified capital operation platform, strengthen the company's overseas financing capabilities, and help the company achieve high-quality development, according to the company's overall development strategy and operational needs, the company plans to issue shares overseas (H shares) and list on The Stock Exchange of Hong Kong Limited (referred to as "Hong Kong Stock Exchange"). The company's board of directors has authorized the company's management to start the preliminary preparations for this H-share listing.