Ningbo Yunsheng: Intends to issue H shares and list on the Hong Kong Stock Exchange.

Ningbo Yunsheng announced that the company plans to publicly issue overseas listed shares and apply for listing on the main board of the Hong Kong Stock Exchange in order to enhance the company's overall competitiveness and international image, accelerate overseas business expansion, and strengthen overseas financing capabilities. This issuance is subject to approval from the China Securities Regulatory Commission, the Hong Kong Stock Exchange, and other relevant institutions. At the same time, the company will be transformed into an overseas listed public company, becoming a publicly traded company in both China and Hong Kong.