Yankuang Energy announces proposed Hong Kong main-board listing for affiliate Wubo Technology; Yankuang Energy stake stands at 45%

Reuters03-27

<a href="https://laohu8.com/S/YZCAY">Yankuang Energy</a> announces proposed Hong Kong main-board listing for affiliate Wubo Technology; <a href="https://laohu8.com/S/YZCHF">Yankuang Energy</a> stake stands at 45%

Yankuang Energy said its board approved a proposed spin-off and Hong Kong main-board listing of Wubo Technology, a non-wholly-owned subsidiary.
The listing is expected to be implemented through Wubo Technology issuing new H shares representing up to 25% of enlarged share capital.
An over-allotment option may allow Wubo Technology to issue up to an additional 15% of the initial offering size.
Yankuang Energy said it holds 45% of Wubo Technology’s shares and has 51.32% of the voting rights through a voting-rights entrustment.
After the spin-off, Wubo Technology is expected to remain consolidated in Yankuang Energy’s financial statements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Yankuang Energy Group Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260327-12072727), on March 27, 2026, and is solely responsible for the information contained therein.

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