Chipsea plans to issue H shares and list on the Hong Kong Stock Exchange
Chipsea Technology plans to issue H shares and list on the Hong Kong Stock Exchange to deepen its international strategy, enhance its overall competitiveness and international brand image, while utilizing the international capital market for diversified financing. The company will consider the interests of existing shareholders and market conditions, and choose an appropriate time to complete the issuance within the validity period of the shareholders' meeting resolution
According to the Zhitong Finance APP, Chipsea Technology (688595.SH) announced that in order to deepen the company's international strategic layout, further enhance the company's overall competitiveness, improve the company's international brand image, and better utilize international capital markets and diversify financing channels, the company plans to issue shares (H shares) overseas and list on the main board of the Hong Kong Stock Exchange (referred to as "this issuance of H shares and listing"). The company will fully consider the interests of existing shareholders and the conditions of domestic and foreign capital markets, and will choose an appropriate timing and issuance window to complete this issuance of H shares and listing within the validity period of the shareholders' meeting resolution (i.e., 18 months from the date of approval by the company's shareholders' meeting)
