Core Viewpoint - The China Securities Regulatory Commission (CSRC) has requested additional information from Xici Technology regarding its business operations and compliance as part of its overseas listing application process [1][2]. Group 1: Regulatory Requirements - The CSRC has asked Xici Technology to provide legal opinions on the legality and compliance of its establishment and past equity changes [2]. - The company must clarify the status of its major shareholders, including any pledges or freezes on shares, and whether any prohibitive conditions apply under relevant regulations [2]. - Xici Technology is required to detail its business operations, specifically regarding its photovoltaic equipment manufacturing, and update on any ongoing litigation that may impact its overseas listing [2]. Group 2: Employee and Fund Management - The company needs to report on the progress of share transfer transactions related to its employee stock ownership plan and provide legal opinions on the fairness and compliance of the plan [2][3]. - Xici Technology must specify the intended use of funds raised from the listing, including domestic and international allocations, and confirm compliance with overseas investment regulations [3]. Group 3: Company Overview - Xici Technology is recognized as a leading IDM company in the global magnetic sensor industry, ranking sixth worldwide and first among Chinese companies based on projected 2024 revenue [3]. - The company possesses a comprehensive magnetic sensing technology portfolio and offers integrated solutions across the entire industry value chain [3].
希磁科技拟港股上市 证监会要求补充说明业务经营与规范运作等
Zhi Tong Cai Jing·2025-10-24 13:43