Core Viewpoint - The company, Xiehe New Energy, is progressing towards a secondary listing on the Singapore Exchange, which is expected to enhance its international capital operations and support its renewable energy business expansion globally [1]. Group 1: Company Developments - Xiehe New Energy's stock price increased by 3.23% to HKD 0.32, with a trading volume of HKD 4.9456 million [1]. - The company received a listing eligibility letter from the Singapore Exchange on December 23, 2025, regarding its proposed secondary listing [1]. - The secondary listing will not involve the issuance of new shares or other fundraising activities, and the company's ordinary shares will continue to be primarily listed and traded on the Hong Kong Stock Exchange [1]. Group 2: Regulatory and Market Context - The China Securities Regulatory Commission's International Cooperation Department issued a filing notice for Xiehe New Energy's overseas issuance and listing [1]. - The company plans to achieve its listing on the Singapore Exchange through an introduction method, marking a significant step in its international capital operations [1]. - Analysts highlight Singapore's unique advantages as a financial hub in the Asia-Pacific region for capital allocation in the green energy sector, suggesting that this listing could attract more international long-term capital [1].
协合新能源午前涨超3% 接获新交所就建议第二上市发出的上市资格函