Kunlun Tech (300418.SZ) Plans H-share Issuance and Main Board Listing on HKEX, Proposal Approved by the Board of Directors
Newtimespace News: Beijing Kunlun Tech Co., Ltd. (300418.SZ) announced its plan to issue overseas-listed foreign capital shares (H-shares) and list on the Main Board of The Stock Exchange of Hong Kong Limited. The Company held the 2nd meeting of the 6th Board of Directors on 10 August 2026 and approved relevant proposals. The proposed offering is still subject to shareholders’ approval and regulatory consents from authorities including the China Securities Regulatory Commission and HKEX.
Newtimespace News: Beijing Kunlun Tech Co., Ltd. (300418.SZ) released a reminder announcement on 10 August 2026, disclosing its plan to launch an H-share offering and pursue a Hong Kong listing.
As stated in the announcement, to further advance its internationalisation strategy, build an international capital operation platform, strengthen global brand image and overall competitiveness, the Company intends to issue overseas-listed foreign capital shares (H-shares) for listing on the HKEX Main Board. The Company will select an appropriate market window to complete the offering within the 24-month validity term of the shareholders’ resolution, counting from the approval date.
On 10 August 2026, the Company convened the 2nd meeting of the 6th Board of Directors, which reviewed and approved theProposal on Issuance of Overseas Listed Shares (H-shares) and Listing on The Stock Exchange of Hong Kong Limitedas well as supporting implementation plans. Up to now, all specific terms of the offering apart from the board-approved proposals remain undetermined.
The proposed H-share issuance is still pending deliberation at the shareholders’ meeting and approvals from regulators including the CSRC and HKEX, which entails significant uncertainties.
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