W-Ibeda: Planning to issue H shares

W-Ibeda announced that the company is planning to issue overseas listed shares and apply for listing on the Main Board of the Hong Kong Stock Exchange. This move aims to meet the company's internationalization strategy and overseas business layout needs, enhance international brand awareness, and strengthen overall competitiveness. Currently, the company is discussing the specific details of this H-share issuance and listing with relevant intermediary institutions, but nothing has been finalized yet. The plan still needs to be submitted for review by the company's board of directors and shareholders' meeting, and it must obtain the filing, approval, or authorization from relevant government agencies and regulatory bodies such as the China Securities Regulatory Commission, the Hong Kong Stock Exchange, and the Securities and Futures Commission of Hong Kong, which presents significant uncertainties