Core Viewpoint - Wufangzhai (603237.SH), a listed company in A-share market, plans to issue shares overseas (H-shares) and list on the Hong Kong Stock Exchange, with the board authorizing management to initiate preparatory work for this H-share listing [1] Company Overview - Founded in 1921, Wufangzhai specializes in the research, production, and sales of glutinous rice-based food products, recognized as one of the first "Chinese Time-honored Brands" and has been awarded "Top 100 Chinese Catering Enterprises" [1] - The company adheres to a "food + catering" collaborative development strategy, aiming to become a leading brand in traditional Chinese seasonal foods [1] Operational Footprint - Wufangzhai operates two major production bases located in Jiaxing and Chengdu, and has established a comprehensive marketing network that includes nationwide trade, chain stores, and e-commerce [1] - As of June 30, 2025, the company plans to have established 496 stores [1]