Audiowell Electronics (Guangdong) Co., Ltd. Receives CSRC Filing Approval for Overseas Listing: Plans to Issue up to 28.64 Million H-Shares for HKEX Listing

NewTimeSpace News: Audiowell Electronics (Guangdong) Co., Ltd. has received a filing notice for overseas issuance and listing from the China Securities Regulatory Commission (CSRC), under which the Company plans to issue no more than 28,643,000 overseas-listed ordinary shares for listing on The Stock Exchange of Hong Kong Limited.

According to the filing notice, if any major event occurs from the date of the notice until the completion of the overseas issuance and listing, the Company shall report it through the CSRC's filing management information system in accordance with the relevant provisions on overseas issuance and listing of domestic enterprises. Within 15 working days after completing the overseas issuance and listing, the Company shall report the issuance and listing status through the same system, and shall strictly comply with relevant laws, regulations and rules domestically and abroad during the process. In addition, if the Company fails to complete the overseas issuance and listing within 12 months from the date of the notice and intends to continue, it must update the filing materials.

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