Man Wah Holdings Limited announced that it is exploring a public offering and transfer of its non-wholly owned subsidiary, Remacro Technology Co., Ltd. (RMT), from the National Equities Exchange and Quotations (NEEQ) to the Beijing Stock Exchange.

RMT, currently quoted on the NEEQ under stock code 874760, would seek a formal listing on the Beijing bourse through the proposed transaction. The process remains at an early stage; no application has been submitted to either the Hong Kong Stock Exchange or the Beijing Stock Exchange.

Management noted that the potential listing might constitute a notifiable transaction under Chapter 14 of the Hong Kong Listing Rules, depending on its final structure. Man Wah Holdings will follow the relevant regulatory requirements and issue further announcements as necessary.

The company emphasized that the timetable and completion of the proposed listing depend on market conditions and approvals from the relevant authorities. Shareholders and investors were advised to exercise caution when dealing in Man Wah Holdings’ securities until further updates are provided.