SEICHITECH (688627.SH): plans H-share offering and HKEX listing to advance international strategy, details not yet finalised

NewTimeSpace News: On 10 November 2026, Shenzhen Seichitech Co., Ltd. (688627.SH) disclosed on 7 November that, in order to further advance its internationalisation strategy and overseas business layout, attract high-end overseas industry talent, continuously enhance its international brand awareness and strengthen its overall competitiveness, the Company is planning an overseas issue of shares (H shares) and a listing on The Stock Exchange of Hong Kong Limited. As at the date of the announcement, the Company is discussing the relevant work for the H-share offering and listing with relevant intermediaries, and the relevant details have not yet been determined. The H-share offering and listing will not result in a change in the Company's controlling shareholder and actual controller.

In accordance with the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Listing Rules of the Shanghai Stock Exchange for the Science and Technology Innovation Board, the Trial Administrative Measures for Overseas Securities Offering and Listing by Domestic Enterprises and the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and other relevant laws, regulations and normative documents, after the specific plan is determined, the H-share offering and listing will still be subject to deliberation by the Company's board of directors and shareholders' meeting, and to filing, approval or ratification by the China Securities Regulatory Commission, the Stock Exchange of Hong Kong, the Securities and Futures Commission of Hong Kong and other regulatory authorities. The Company stated that whether the H-share offering and listing can 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, regulations and normative documents, timely perform its information disclosure obligations based on the subsequent progress of the H-share offering and listing and effectively safeguard the legitimate rights and interests of the Company and all shareholders, and reminded investors to pay attention to subsequent announcements and investment risks.