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Hubei Kelison ENERGY Co., Ltd. ("Kelison ENERGY") today announced the formal signing of a strategic cooperation agreement with Mango Financial Limited ("Mango Financial"), appointing Mango Financial as its exclusive global coordinator and financial advisor for its planned overseas listing. As an innovative enterprise in China's energy sector, Kelison ENERGY aims to leverage this capital markets initiative to further deepen its global footprint and drive leapfrog development in its natural gas and new energy businesses. Kelison ENERGY: Diversified Presence in the Energy Sector Founded in 2017, Kelison ENERGY has long focused on building an energy industry ecosystem. The Company has established a dual-engine business model centered on the import/export trade of natural gas and petrochemical products as its foundation, with new energy project development and integrated services as its core. Leveraging domestic market resource advantages, Kelison ENERGY actively participates in natural gas infrastructure development and urban gas supply. Concurrently, it maintains sustained investment in clean energy sectors such as solar power and energy storage, building comprehensive end-to-end service capabilities covering project development, technology R&D, engineering construction, and equipment integration.
Notably, Kelison ENERGY has extended its operations into international markets. Through technology exports and resource integration, it has progressively established energy cooperation networks in regions including Southeast Asia and Central Asia. Company leadership stated that future efforts will focus on strengthening overseas market expansion, optimizing resource allocation with a global perspective, and building an internationally competitive energy services brand.
Mango Financial: Experts in Cross-Border Capital Markets Operations As the key strategic partner in this collaboration, Mango Financial possesses deep expertise in international capital markets. Established in 1970, this veteran Hong Kong financial institution holds full licenses issued by the Hong Kong Securities and Futures Commission (SFC) for Type 1 (Dealing in Securities), Type 4 (Advising on Securities), Type 6 (Advising on Corporate Finance), and Type 9 (Asset Management) regulated activities. It has cumulatively assisted over 160 companies in completing IPOs, raising over HKD 20 billion. Its services span diverse areas including IPO sponsorship, cross-border M&A, and ESG investment, with particular strengths in helping SMEs access overseas capital markets. Mango Financial recently initiated its own path to a US listing via a SPAC merger, which will further enhance its cross-border capital operations capabilities. The firm's leadership stated it will leverage Hong Kong's advantages as an international financial center and its full licensing status, combined with its US capital markets network, to tailor a bespoke listing strategy for Kelesheng Energy, facilitating efficient access to global investors. Strategic Alliance: Opening a New Chapter in Global Development This partnership marks a crucial step for Kelison ENERGY towards the international capital markets. By engaging Mango Financial's specialized services, the Company will accelerate the development of a modern corporate governance structure, improve capital operation efficiency, and provide robust support for new energy technology R&D and overseas project expansion. The two parties will jointly explore deeper integration between the energy industry and international capital, injecting new momentum into the green energy transition. The strategic cooperation between Kelison ENERGY and Mango Financial not only reflects strong capital market recognition of innovative energy enterprises but also sets a new benchmark for the global expansion of Chinese energy companies. As the overseas listing process advances, Kelison ENERGY is poised to showcase the innovation strength and growth potential of China's energy sector on the global stage. |
