SHANTUI(SZ:000680) Sou Hu Cai Jing·2025-08-14 13:21Core Viewpoint - Shandong Shantui Construction Machinery Co., Ltd. has received approval from its controlling shareholder, Shandong Heavy Industry Group Co., Ltd., to issue H-shares and list on the Hong Kong Stock Exchange [1] Group 1: H-Share Issuance - The total share capital of Shandong Shantui after the H-share issuance will be 1.765 billion shares, with a base issuance scale of 15% of the total share capital post-issuance [1] - Shandong Heavy Industry will hold 364 million shares, accounting for 20.65% of the total shares, while Weichai Power will hold 237 million shares, representing 13.41% [1] Group 2: Approval Process - The issuance of H-shares requires approval from the company's shareholders' meeting, as well as registration and approval from relevant government and regulatory bodies before implementation [1] Group 3: Financial Performance - In the first quarter of 2025, Shandong Shantui achieved revenue of 3.301 billion yuan and a net profit attributable to shareholders of 273 million yuan [1]