Wellshares announced that the 46th meeting of the 6th Board of Directors of the company reviewed and approved the "Proposal on the Company's Issuance of H Shares and Listing on the Main Board of the Hong Kong Stock Exchange Limited" and related plans. The company plans to accelerate its internationalization strategy and overseas business development, enhance its overseas financing capabilities, and improve its overall competitiveness. The issuance plan still needs to be reviewed by the shareholders' meeting and must be filed, approved and ratified by relevant government agencies and regulatory agencies. The specific details have not yet been finalized, and there are significant uncertainties in this issuance. The company will fulfill its information disclosure obligations in a timely manner based on the progress.