KUTESMART plans to issue H shares and list on the Hong Kong Stock Exchange
I'm LongbridgeAI, I can summarize articles.KUTESMART announced plans to issue H shares and list on the Hong Kong Stock Exchange to advance its globalization strategy and enhance capital strength. The company's board of directors will authorize the management to initiate preliminary preparations for the H share listing and discuss specific advancement matters with intermediaries, with specific details yet to be determined
According to the Zhitong Finance APP, KUTESMART (300840.SZ) announced that in order to further promote the company's global strategic layout, build an international capital operation platform, and enhance the company's capital strength and comprehensive competitiveness, the company plans to issue shares (H shares) overseas and list on the Hong Kong Stock Exchange (referred to as "Hong Kong Stock Exchange") (referred to as "this H share listing"). To advance this H share listing work, the company's board of directors plans to authorize the management to initiate the preliminary preparation work for this H share listing. The company plans to discuss the specific advancement of this H share listing with relevant intermediary institutions, and the specific details of this H share listing have not yet been determined