Zhitong Finance App learned that on October 30, the China Securities Regulatory Commission issued the “Requirements for Supplementary Materials for Overseas Issuance and Listing Filing (October 26, 2026 to October 30, 2026)”. The International Division of the China Securities Regulatory Commission issued supplementary material requirements for a total of 5 companies. Among them, Senda Electric was requested to provide additional explanations on matters such as the specific reasons for the successive changes in the listing sector. According to the Hong Kong Stock Exchange disclosure on June 10, Fujian Senda Electric Co., Ltd. (abbreviation: Senda Electric) submitted the Hong Kong Stock Exchange main board, and Xingzheng International is its sole sponsor.
The company is requested to further explain the following matters, and the lawyer will check and issue a clear legal opinion:
1. Regarding the withdrawal of applications and frequent changes in listing routes, please explain the specific reasons, decision-making process and basis for the successive changes in the listing sector, and whether there are any circumstances that have had a significant impact on this issuance and listing.
2. Regarding the controlling shareholder and actual controller, Zhou Haizhu holds 80.00% of the shares. Please explain whether corporate governance and internal control are sound and effective, and whether checks and balances can be effective, and relevant measures to guarantee the right to vote and information of small and medium shareholders.
3. Please explain the internal dividend decisions during the reporting period, the specific flow of dividend funds, and the implementation of regulatory procedures such as tax payment, etc., and explain the rationality of implementing dividends based on the company's liabilities, etc., and the necessity of current listing financing in the case of dividends.
4. From 2024 to 2025, the company and four management members were issued a warning letter by the Fujian Securities Regulatory Bureau and self-regulatory measures by the Beijing Stock Exchange due to failure to promptly disclose related parties and related transactions, failure to truthfully disclose the actual controller's control of others' accounts, income delays, corporate governance flaws, etc. Please explain the specific circumstances, rectification measures and completion of the above irregularities.
5. Regarding historical developments, (1) Zhou Haizhu became the controlling shareholder through a fixed increase in 2018. Please explain whether Zhou Haizhu's previous investments and increased holdings are actual own or lawfully raised funds, whether the ownership of shares is clear, and whether there are undisclosed intermediaries, concerted actions or special interest arrangements (2) Li Jianmin, who held 23.67% of the shares in the 2018 shareholder register, will no longer appear on the shareholder register in 2023. Please explain the transfer status of his shares, including specific circumstances such as transfer time, transferee, etc. Undisclosed arrangements. (3) The predecessor of the company was founded by Hong Kong Xieda Trading. Since then, it has experienced many changes such as equity transfers and transfers of foreign capital to domestic capital of Hong Kong Huida Electric. Please explain whether the successive capital increases and share transfers are legal and compliant, and the implementation of foreign investment, foreign exchange registration and tax payments.
According to the prospectus, the company was founded in 1995 and is a technology-driven provider of intelligent power distribution equipment and control systems, mainly serving data center and power grid applications. With more than 30 years of deep industry expertise, the company has grown into a leading comprehensive provider of high and low voltage switchgear in China. The company's continued technological innovation and broad industry expertise are the foundation for driving growth.