Boqian New Materials: authorized to start the process of issuing H shares abroad and preparing for listing in Hong Kong.

BQ New Materials announced that the company held a board meeting on April 2, 2026, and passed a resolution to authorize the management to initiate preparations for the overseas issuance of shares and listing on the main board of the Hong Kong Stock Exchange. The company plans to discuss specific implementation details with intermediary agencies, and the related specifics have not yet been finalized. The listing of H shares is subject to approval by the board of directors and shareholders' meeting after the specific plan is determined, and also requires filing, approval, and/or authorization from relevant government and regulatory agencies. The implementation of the plan is uncertain.