Shuoyao Holdings: Plans to issue H shares and list on the Hong Kong Stock Exchange.

Shouyao Holdings announced that the company is planning to issue overseas shares and list on the Hong Kong Stock Exchange. This move is aimed at enhancing core competitiveness and brand influence, optimizing capital structure, and diversifying financing channels. The company is currently in discussions with intermediary institutions regarding the specific progress of the work, and the details have not been finalized. This H-share listing will not result in a change in the company's controlling shareholders and actual controllers.