Core Viewpoint - Cheng Tai Technology is seeking to go public in Hong Kong, with over 90% of its revenue derived from BYD, and has reported net losses for three consecutive years [7]. Group 1: Financial Performance - Cheng Tai Technology's revenue from BYD increased from 81.9% in 2022 to 93.6% in 2024 [7]. Group 2: IPO Process - The company submitted its prospectus to the Hong Kong Stock Exchange on June 23, aiming for an IPO under the "Special Technology Company" category, with Guotai Junan International as the sole sponsor [7]. Group 3: Legal and Compliance Issues - The company has received feedback from the regulatory authority regarding its historical capital contributions, share transfers, and compliance with legal standards [1][6]. - There are inquiries about the pricing rationale for share transfers and the legality of employee stock ownership plans [2][3].
承泰科技港股上市收到证监会反馈意见:需说明12个月内新增股东所涉股权转让定价差异原因及其合理性
Xin Lang Zheng Quan·2025-09-29 09:30