Seres submitted its application for a Hong Kong listing in April, aiming to advance its global expansion and establish an international capital operation platform.
Seres Group Co Ltd (SHA: 601127) has updated its post-hearing prospectus for its Hong Kong listing, indicating the company has passed the listing hearing by the Hong Kong Stock Exchange.
The automaker's joint sponsors are China International Capital Corporation Limited (CICC) and China Galaxy International.
Seres submitted its Hong Kong listing application in April, aiming to advance its global expansion, establish an international capital operation platform, and enhance its overall competitiveness.
Formerly known as Chongqing Sokon Industrial Group Co Ltd, the company rebranded as Seres Group Co Ltd in August 2022.
It was listed on the Shanghai Stock Exchange in June 2016 and currently holds a market capitalization of RMB 244 billion ($34.2 billion).
($1 = RMB 7.1325)
