NBYS(SH:600366) Sou Hu Cai Jing·2025-11-25 05:53Group 1 - The core point of the article is that Ningbo Yunsheng (600366.SH) plans to issue H-shares and list on the Hong Kong Stock Exchange to advance its international strategy and enhance its brand image [1] - The company has authorized its management to initiate preliminary preparations for the H-share listing [1] - Specific details regarding the H-share listing are yet to be determined, and the company will discuss the progress with relevant intermediaries [1] Group 2 - Ningbo Yunsheng has been engaged in the research, manufacturing, and sales of rare earth permanent magnet materials since 1995 and is recognized as a national high-tech enterprise [1] - The company has production bases in Ningbo and Baotou, with an annual production capacity of 26,000 tons of raw materials, making it one of the largest manufacturers of rare earth permanent magnet materials globally [1] - As of November 25, 2025, the company's total market capitalization is approximately 14.54 billion RMB [1]