Tongling Nonferrous Metals Plans Hong Kong Listing With H-Share Issuance

Stock News

Aug 31

Tongling Nonferrous Metals Group Co.,Ltd. (000630.SZ) has announced it is planning to issue overseas-listed H-shares and apply for a main board listing on The Stock Exchange of Hong Kong Limited. The move is aimed at advancing the company's international development strategy, optimising its capital structure, and enhancing its global operational capabilities and capital market influence.

According to the company's announcement, the initiative is designed to better support its global resource allocation and business expansion. Currently, the company is in discussions with relevant intermediary institutions regarding the issuance and listing, though specific details have yet to be finalised.

Importantly, the proposed H-share issuance and listing will not result in any change to the company's controlling shareholder or ultimate controller.

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