HUAMING(SZ:002270) Sou Hu Cai Jing·2026-02-13 06:33Group 1 - Huaming Equipment (002270.SZ) is planning to issue H-shares and list on the Hong Kong Stock Exchange to enhance its international strategy and overall competitiveness [3][4] - The company will consider the interests of existing shareholders and market conditions when deciding the timing and window for the H-share issuance [3] - Huaming Equipment has appointed Ernst & Young Hong Kong as the auditing firm for this issuance and listing [4] Group 2 - Huaming Equipment's main subsidiary, Shanghai Huaming Electric Power Equipment Manufacturing Co., specializes in transformer on-load tap changers and no-load tap changers, covering R&D, manufacturing, sales, and lifecycle maintenance [4] - The company is a leading player in the domestic market for tap changers, with a strong position in the 500kV and below market segment, and has broken the foreign monopoly on ultra-high voltage tap changer manufacturing [4] - As of February 13, 2026, Huaming Equipment's total market capitalization is approximately 31.018 billion RMB [4]