Tianyue Advanced Announces Plan to Issue H Shares on the Hong Kong Stock Exchange

Tianyue Advanced, a leading company in silicon carbide substrate materials, recently announced plans to issue H shares on the Hong Kong Stock Exchange to accelerate the company's internationalization strategy and overseas business layout, enhance overseas financing capabilities, and further enhance the company's capital strength and overall competitiveness. The company's board of directors has approved the plan and authorized the management to carry out preliminary preparations for a period of 12 months. The specific listing details are still under discussion.