On October 31, Shengxin Lithium Energy announced that the board of directors of the company had considered and approved the Bill on Terminating the Issuance of H Shares and Listing on the Hong Kong Stock Exchange, and the company decided to terminate the planned issuance of H Shares and listing on the main board of the Hong Kong Stock Exchange.
It is reported that in August 2024, Shengxin Lithium announced its intention to issue H shares and apply for listing on the main board of the Hong Kong Stock Exchange. More than a year later, the company finally announced the termination of its listing plan in Hong Kong.
Recently, Shengxin Lithium announced three quarterly reports in 2025, the announcement showed that the first three quarters of the company achieved operating income of 3.095 billion yuan, a decrease of 11.53% year-on-year; net profit loss of 752 million yuan, a decline of 62.96% year-on-year.
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