A-share listed company and personalized custom apparel firm Kute Intelligent (300840.SZ) recently announced that, in order to further advance the company's global strategic layout, build an international capital operation platform, and further enhance the company's capital strength and comprehensive competitiveness, in accordance with the company's overall development strategy and operational needs, the company plans to issue shares overseas (H-shares) and get listed on the Hong Kong Stock Exchange. Kute Intelligent stated that to advance this H-share listing, the company's board of directors intends to authorize the company's management to initiate the preliminary preparation work for this H-share listing. The company plans to discuss the specific advancement of this H-share listing with relevant intermediary institutions, and the specific details of this H-share listing have not yet been determined. Founded in 2007, Kute Intelligent is committed to promoting the digital transformation and intelligent upgrading of the apparel manufacturing industry, providing comprehensive solutions for apparel personalized customization and flexible manufacturing for B-end customers such as domestic and foreign apparel brand owners, apparel entrepreneurs, fashion designers and apparel operators. The company's main business covers apparel design, R&D, manufacturing and sales with mass customization as the core, and its product range is extensive, including all categories of men's and women's formal wear, such as suit sets, shirts, vests, coats, etc. Kute Intelligent also provides overall transformation plans and technical consulting services for digital customized factories to relevant traditional manufacturing enterprises in China, helping traditional enterprises achieve transformation and upgrading. Taking Kute C2M Industrial Internet Research Institute as the core, the company focuses on the basic research of "C2M Industrial Internet AI Technology" from 0 to 1, creating a new value system for the industrial internet. Taking its own apparel factory as a laboratory carrier, after more than ten years of practical exploration, the company has built the Kute AI Agent "enterprise-level operating system", which has subverted the traditional management model. The company has carried out exploration and practice of this operating system across more than 50 industries and more than 150 enterprises, and has the ability to replicate cross-industry flexible and personalized intelligent manufacturing. According to Kute Intelligent's financial report, the company's operating revenue in 2024 reached 709 million yuan (RMB, the same below), a year-on-year decrease of 5.14%, and the net profit attributable to shareholders was 88.6329 million yuan, a year-on-year decrease of 20.71%. In the first quarter of 2025, the operating revenue reached 156 million yuan, a year-on-year decrease of 7.22%, and the net profit attributable to shareholders in the same period was 15.3885 million yuan, a year-on-year decrease of 86.53%. The controlling shareholder and actual controller of Kute Intelligent are Zhang Daili and its concerted persons Zhang Yunlan and Zhang Yan. Kute Intelligent (300840.SZ) was listed on the A-share market on July 8, 2020. As of the press time, its closing price per share was 21.48 yuan, with a total market capitalization of about 5.155 billion yuan. © 2021 Meishun (Hong Kong) Management Consulting Co., Ltd. and Meishun (Hangzhou) Management Consulting Co., Ltd. All rights reserved. Meishun Meiyin (Hangzhou) Consulting & Management Co., Ltd. is a domestic subsidiary of Hong Kong Meishun Management Consulting Co., Ltd. under the same actual controller. The two companies share the same actual controller, are both managed under the principle of "One China", and comply with the laws of Hong Kong and mainland China.