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IPO News | Changying Precision (300115.SZ) Proposes Hong Kong Stock Listing, China Securities Regulatory Commission Requests Additional Explanation of Overseas Subsidiaries' Business Details, etc.
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Zhitong Finance App learned that on August 28, the China Securities Regulatory Commission issued the “Requirements for Supplementary Materials for Overseas Issuance and Listing Filing (August 24, 2026 to August 28, 2026)”. The International Division of the China Securities Regulatory Commission issued supplementary material requirements for a total of 5 companies. Among them, Changying Precision was requested to provide additional information on matters such as the business details of overseas subsidiaries. According to the Hong Kong Stock Exchange's disclosure on May 11, Shenzhen Changying Precision Technology Co., Ltd. (300115.SZ) submitted a listing application to the Hong Kong Stock Exchange, and CICC is the sole sponsor.

The China Securities Regulatory Commission requested Changying to accurately explain the following matters, and ask lawyers to check and issue clear legal opinions:

1. Please explain the business content of your company's overseas subsidiaries, the specific implementation of overseas investment, foreign exchange registration and other supervisory procedures involving the establishment of overseas subsidiaries, and issue concluding opinions on compliance.

2. Please explain in detail the use of capital raised by your company, whether it involves overseas investment, and whether it has completed the relevant approval, approval or filing procedures. If the relevant procedures have not been completed, please issue a commitment to return all funds raised to the country.

According to the prospectus, Changying Precision is a world-leading precision intelligent manufacturing enterprise. It operates in many cutting-edge fields and has an extensive global delivery network. According to Frost & Sullivan, in 2025, Changying Precision is the world's fifth largest manufacturer of precision components for smart terminals and electronic products in terms of revenue, the world's second-largest manufacturer of precision components for new energy batteries by revenue, and the fourth largest manufacturer of precision components for humanoid robots in the world in terms of product value.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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