Yankuang Energy (01171.HK): Wubo Technology Has Submitted Spin-off Listing Application to HKEX
NewTimeSpace News: On June 30, 2026, Yankuang Energy (01171.HK) announced that Wubo Technology, its non-wholly-owned subsidiary, submitted an application for listing on the Main Board to HKEX on the same date.
The Company directly holds a 45% equity stake in Wubo Technology and is entitled to 48.01% of voting rights in practice. After the spin-off, Wubo Technology will remain a subsidiary under the Company’s control, and its financial results will continue to be consolidated into the Company’s financial statements.
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