Jiangsu Boqian New Materials Stock Co.,Ltd. (605376.SH), an A-share listed company based in Suqian, Jiangsu province, announced on Thursday that its board of directors has approved a proposal to authorize the company's management to commence preparatory work for an overseas offering of H-shares and a listing on the Hong Kong Stock Exchange. The move aims to accelerate the company's overseas business development, establish an international capital operation platform, optimize its capital structure, and diversify its financing channels. This initiative is intended to enhance the company's overall competitiveness and support its high-quality development, aligning with its overarching development strategy and operational needs. The company plans to engage with relevant intermediaries to discuss the specific details of the H-share listing, though specific arrangements have not yet been finalized. Jiangsu Boqian New Materials Stock Co.,Ltd. (605376.SH) is a national high-tech enterprise specializing in the research, development, production, and sales of high-end nano-metal powder materials for electronic applications. Its product portfolio primarily includes nano-scale and sub-micron nickel powder, as well as sub-micron and micron-scale copper powder, silver powder, silver-coated copper powder, and alloy powder. Nickel and copper powders are mainly used in the production of multilayer ceramic capacitors (MLCCs), which are widely applied in consumer electronics, automotive electronics, telecommunications, industrial automation, aerospace, and other industrial sectors. Silver-coated copper powder products are primarily used in the production of low-temperature paste for heterojunction (HJT) solar cells in the photovoltaic industry. The company was listed on the A-share market on December 8, 2020. As of the market close on Friday, its total market capitalization was approximately 26.134 billion yuan.