Transsion Holdings issued an announcement yestarday stating that, in order to further enhance the company's comprehensive competitiveness, elevate its international brand image, and better utilize international capital markets while diversifying financing channels, the company plans to issue overseas shares (H-shares) and list on the main board of the Hong Kong Stock Exchange in accordance with relevant laws and regulations.
The company will fully consider the interests of existing shareholders and the conditions of domestic and international capital markets, and within the validity period of the shareholders' meeting resolution (i.e., 24 months from the date of approval by the company's shareholders' meeting or any other extended period agreed upon), select an appropriate timing and issuance window to complete the issuance of H-shares and listing.
As one of the top six mobile phone manufacturers globally by sales volume, Transsion Holdings has a strong presence in markets across Africa and other developing countries. In terms of performance, the company achieved revenue of 49.543 billion yuan in the first three quarters of 2025, a year-on-year decrease of 3.33%, and a net profit of 2.148 billion yuan, a year-on-year decrease of 44.97%.