The chain braised food company Juewei Food Co., Ltd. (603517.SH) listed in A-share announced the termination of its listing plan in Hong Kong.
The announcement issued by Juewei mentions that the decision is primarily based on adjustments in development strategy and Operation conditions, taking into account business conditions, funding needs, and Business development planning, emphasizing that the postponement of the H-share listing will not have a significant impact on the company's Operation activities.
Juewei was established in 2005 and currently has over 0.014 million stores globally, covering 31 provinces and cities in China, Hong Kong, Singapore, and Canada. (js/u)
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