New Stock News | It is reported that PINGMEI COAL SMIC Group's PINGMEI COAL SMIC Superhard Materials has initiated the Hong Kong listing process, and PINGMEI COAL and SMIC plan to conduct a secondary listing in Hong Kong
I'm LongbridgeAI, I can summarize articles.China Pingmei Shenma Group is accelerating its capitalization and plans to list its subsidiary, Pingmei Shenma Superhard Materials Co., Ltd., in Hong Kong, with the earliest completion expected by September 2026. In addition, Pingmei Co. and Shenma Co. also plan to conduct a secondary listing in Hong Kong, forming an "A+H" layout. The group hopes to expand the number of listed companies from 4 to 6 or 7 by 2028
According to Zhitong Finance APP, China Pingmei Shenma Group is accelerating its pace of capitalization. According to Shanghai Securities Journal, Li Mao, the party secretary and chairman of China Pingmei Shenma Group, revealed that the group is actively promoting asset securitization, aiming to establish a financing platform for the group overseas to support the company's overseas strategy. Among them, Henan Pingmei Shenma Superhard Materials Co., Ltd. has initiated the Hong Kong listing process, which is expected to complete the listing as early as September 2026; Pingmei Co., Ltd. (601666.SH) and Shenma Co., Ltd. (600810.SH) plan to list in Hong Kong to complete the "A+H" layout.
Li Mao stated that the group hopes to expand the number of its listed companies from the current 4 to 6 or 7 by the end of the current party committee's term (before 2028).
It is reported that Pingmei Shenma Group currently has 4 listed companies, namely Pingmei Co., Ltd. (601666.SH) and Shenma Co., Ltd. (600810.SH) listed on the Shanghai and Shenzhen stock exchanges, Yicheng New Energy (300080.SZ), and Silane Technology (838402.BJ) listed on the Beijing Stock Exchange.
In addition, as of the end of 2024, Pingmei Shenma Group has 6 companies listed on the New Third Board, including Tiangong Technology (833716.NQ), Shenma Huawei (836171.NQ), Kuangyi Co., Ltd. (837523.NQ), and Tiancheng Environmental Protection (837146.NQ), among others
