CCTECH (300604.SZ): Board Approves Resolutions on H-Share Issue and Listing on the Main Board of HKEX

NewTimeSpace News: On 15 September 2026, Hangzhou Changchuan Technology Co., Ltd. (stock code: 300604.SZ) announced that at the twentieth meeting of the fourth session of the board of directors held on 14 September 2026, the Board considered and approved the resolution on the issue of H Shares and listing on The Stock Exchange of Hong Kong Limited, the resolution on the plan for the issue of H Shares and listing on The Stock Exchange of Hong Kong Limited, and other related resolutions.

The announcement stated that, in order to advance its global strategic layout, accelerate the development of its overseas business, further enhance its capital strength and overall competitiveness and build an international capital operation platform, the Company intends to issue H Shares and apply for listing on the Main Board of The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange"). The issue and listing will be carried out in accordance with the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Trial Administrative Measures for Overseas Securities Offering and Listing by Domestic Companies, the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the relevant provisions of the laws of Hong Kong, China governing the issue of shares and listing in Hong Kong by issuers incorporated in the PRC, and will require the approval, ratification or filing with the China Securities Regulatory Commission, the Hong Kong Stock Exchange, the Securities and Futures Commission of Hong Kong and other relevant government authorities and regulatory bodies.

The announcement further stated that, as at the date of the announcement, save for the relevant resolutions approved by the Board, the specific details of the issue and listing have not yet been finalised. Whether the issue and listing will pass the deliberation, filing and review procedures and ultimately be implemented is subject to significant uncertainty. The Company will, in accordance with the relevant laws and regulations, timely perform its information disclosure obligations based on the subsequent progress of the issue and listing, and investors are advised to be aware of the investment risks.

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