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Shenghong Technology: On April 21, 95.85 million H-shares were listed on the Hong Kong Stock Exchange.
Mars Finance News, April 21 — Shenghong Technology ( 300476.SZ ) announced that the 95,850,000 shares of overseas listed foreign shares ( H-shares ) issued in this global offering will be listed and traded on the Main Board of the Hong Kong Stock Exchange on April 21, 2026. The Chinese abbreviation for H-shares is “Shenghong Technology,” and the English abbreviation is “VGT,” with the stock code “2476.” The offering price is HKD 209.88 per share. Assuming the over-allotment option is not exercised, the net proceeds are expected to be approximately HKD 19.889 billion. After the listing, the company’s total share capital will increase to 968 million shares, with the shareholding ratio of A-share shareholders decreasing to 90.10%, and H-share shareholders holding 9.90%. The shareholding ratios of the company’s major shareholders, Shenzhen Shenghua Xinyie Investment Co., Ltd. and Shenghong Technology Group ( Hong Kong ) Limited, will be diluted to 13.92% and 13.57%, respectively. (Company Announcement)