Wufangzhai: Intends to List on the Hong Kong Stock Exchange to Accelerate Overseas Business Expansion.

On the evening of September 26, Wufang Zhai issued an announcement stating that in order to accelerate the company's internationalization strategy and overseas business layout, enhance the company's international brand image, create a diversified capital operation platform, strengthen the company's overseas financing capabilities, and support the high-quality development of the company, according to the overall development strategy and operational needs, the company plans to issue shares overseas and list them on the Hong Kong Stock Exchange. The Board of Directors has authorized the company's management to initiate the pre-IPO preparations for this H-share listing.