NEBULA ELECTRONICS (300648.SZ): Plans to Issue H Shares and List on HKEX Main Board, Subject to Multiple Approvals

NewTimeSpace News: On 28 August 2026, Fujian Nebula Electronics Co., Ltd. (stock code: 300648.SZ) announced that the fourth meeting of its fifth board of directors had approved resolutions on the issuance of H shares and the listing of such shares on the Main Board of The Stock Exchange of Hong Kong Limited, together with the related issuance plan, under which the Company proposes to issue overseas listed shares (H shares) and apply for listing on the Main Board of the Stock Exchange.

The Company stated that the proposed issuance and listing aim to further advance its internationalization strategy, enhance its international brand image and strengthen its core competitiveness. The Company will take into account the interests of existing shareholders and the conditions of domestic and overseas capital markets, and complete the issuance and listing at an appropriate time and issuance window within the validity period of the shareholders' resolution (being 24 months from the date of approval by the shareholders' meeting, or such extended period as approved).

The issuance and listing are subject to deliberation by the shareholders' meeting and the approval, verification or filing of relevant regulators, including the China Securities Regulatory Commission, the Securities and Futures Commission of Hong Kong and the Stock Exchange of Hong Kong. As of the date of this announcement, apart from the resolutions approved by the board of directors, no other details of the issuance and listing have been finalized, and there is significant uncertainty as to whether the issuance and listing will pass the review, filing and vetting procedures and ultimately proceed; the Company will perform its information disclosure obligations in a timely manner in accordance with applicable laws and regulations.

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