ENN-NG(SH:600803) Jin Rong Jie·2025-08-15 14:13Group 1 - The China Securities Regulatory Commission (CSRC) issued supplementary material requirements for seven companies, including Xin'ao Gas Co., Ltd., which is seeking to list on the Hong Kong Stock Exchange [1][2] - Xin'ao Gas is the largest private natural gas company in China, covering the entire natural gas industry chain and has over 30 years of operational experience [2] - The company reported revenues of approximately RMB 150.02 billion, RMB 141.115 billion, and RMB 134.946 billion for the fiscal years 2022, 2023, and 2024, respectively, with net profits of RMB 11.073 billion, RMB 12.53 billion, and RMB 9.944 billion during the same periods [2] Group 2 - The CSRC requested Xin'ao Gas to clarify information regarding shareholders holding more than 5% of shares, potential prohibitive circumstances for overseas issuance, and the impact of pledged shares on the listing process [1][2] - The company must also explain the reasons for the reserved grants in its two phases of restricted stock incentive plans and confirm compliance with foreign investment policies before and after the listing [2]