Core Viewpoint - The China Securities Regulatory Commission (CSRC) has issued supplementary material requirements for 12 companies, including KooSai Intelligent, regarding compliance with offshore structures and reverse mergers [1][2] Group 1: Compliance Requirements - KooSai Intelligent is required to clarify the compliance of its offshore structure and reverse mergers, including details on foreign exchange registration, overseas investment, foreign investment, and tax procedures [1] - The company must provide a conclusive legal opinion on the compliance of its acquisition of Platinum Technology and domestic operating entities [1][2] Group 2: Domestic Operations - KooSai Intelligent needs to explain the reasons for the unpaid registered capital of its domestic operating entity and its impact on operational and debt repayment capabilities [2] - The company must detail the specific content of value-added telecommunications services it has engaged in or plans to engage in, along with foreign ownership limits and compliance with foreign investment policies [2] Group 3: Share Structure and Listing Plans - A comparative list of the shareholding structure before and after the issuance, both with and without the exercise of the over-allotment option, is required [2] - KooSai Intelligent must disclose the specifics of its previous A-share listing guidance and the reasons for its termination, as well as any plans to continue pursuing A-share listing [2] Group 4: Company Overview - KooSai Intelligent is a leading global smart technology company providing comprehensive solutions across product definition, R&D, supply chain management, manufacturing, and after-sales services [2] - The company has generated revenue from over 70 countries and regions, symbolizing the strength of Chinese manufacturing [2] - According to Frost & Sullivan, KooSai Intelligent is the second-largest end-to-end solution provider for local smartphone brands by shipment volume in 2024, and it rose to the top position in the first quarter of 2025 [2]

Group 1 - The company plans to issue overseas listed foreign shares (H-shares) to enhance its capital strength and overall competitiveness [1] - The initiative is part of the company's strategy to further advance its internationalization efforts [1] - The company intends to apply for listing on the main board of the Hong Kong Stock Exchange [1]

Core Viewpoint - The company, Amlogic Co., Ltd. (688099.SH), announced plans to issue overseas listed foreign shares (H-shares) and apply for listing on the main board of the Hong Kong Stock Exchange to enhance its capital strength and overall competitiveness while advancing its internationalization strategy [1] Group 1 - The company aims to improve its capital strength [1] - The initiative is part of a broader strategy to enhance comprehensive competitiveness [1] - The move is aligned with the company's goal of deepening its internationalization efforts [1]

Group 1 - The core point of the news is that Zhang Liang's company, Zhang Liang Enterprise Management (Group) Co., Ltd., has undergone a change in business structure, transitioning from a limited liability company (natural person investment or holding) to a limited liability company (foreign-invested enterprise wholly owned by a legal person) [1] - Zhang Liang and his wholly-owned Shanghai Yiheng Business Development Co., Ltd. have exited all shares of Zhang Liang Enterprise Management (Group) Co., Ltd., with the new shareholder being Shanghai Yiyanjiuming Enterprise Management Co., Ltd., which now holds 100% of the shares [1][2] - Zhang Liang remains the executive director and legal representative of the company, indicating that he still maintains indirect control over the group despite no longer holding direct shares [3] Group 2 - The restructuring is speculated to be a strategic move by Zhang Liang to facilitate overseas business expansion, financing, or preparation for an overseas listing [3] - Zhang Liang founded Zhang Liang Spicy Hot Pot in 2008, which has evolved into a leading brand in the domestic spicy hot pot industry by modifying traditional recipes [3] - Currently, Zhang Liang Spicy Hot Pot operates over 6,000 stores across more than 300 cities in 33 provinces and regions in China, with nearly 150 overseas locations primarily in Southeast Asia, North America, Australia, and Europe [3]

Group 1 - The company plans to issue S shares and list them on the Singapore Exchange to enhance its capital strength and international brand image [2][48] - The board meeting was held on September 4, 2025, with all nine directors present, and the resolutions were passed unanimously [4][50] - The issuance of S shares is subject to approval from relevant regulatory bodies, including the China Securities Regulatory Commission and the Monetary Authority of Singapore [3][49] Group 2 - The proposed issuance will involve a total fundraising target of 200 million Singapore dollars, with the final number of shares to be determined based on the issuance price [8][57] - The shares will be offered globally, targeting both international and qualified domestic investors [9][58] - The pricing of the shares will be determined through a book-building process, considering the interests of existing shareholders and market conditions [10][59] Group 3 - The proceeds from the issuance will be used for the construction and operation of overseas intelligent computing centers, expansion of equipment leasing business, and to supplement working capital [15][63] - The company will adjust the use of raised funds based on regulatory feedback and operational needs [15][64] - The company will also address the distribution of retained earnings prior to the issuance, ensuring fair treatment for both existing and new shareholders [18][67] Group 4 - The company will transition to a foreign fundraising company after the issuance and listing of S shares [21][70] - The validity period for the resolutions related to the issuance is set for 24 months from the date of approval by the shareholders' meeting [24][73] - The board will be authorized to handle all matters related to the issuance and listing of S shares [27][40]

Group 1 - The company plans to issue S shares and list them on the Singapore Exchange to enhance its capital strength and international brand image [1][2] - The board meeting was held on September 4, 2025, with all nine directors present, and the proposal for the S share issuance was unanimously approved [1][2] - The issuance aims to raise a total of 200 million Singapore dollars, with the final number of shares to be determined based on the issuance price [4][5] Group 2 - The S shares will have a nominal value of 1.00 RMB and will be offered to both local and international investors [3][5] - The company will conduct a public offering in Singapore and an international placement, with the latter including qualified institutional investors [4][5] - The funds raised will be used for overseas intelligent computing center construction, equipment leasing business expansion, and working capital supplementation [6][7] Group 3 - The board has proposed a profit distribution plan for retained earnings prior to the issuance, ensuring that both existing and new shareholders benefit [7][8] - The company will transition to an overseas fundraising company upon successful issuance and listing of S shares [8][9] - The validity period for the resolutions related to the issuance is set for 24 months from the date of shareholder approval [9][10] Group 4 - The board seeks authorization to handle all matters related to the S share issuance, including communication with regulatory bodies and determining the issuance specifics [9][10] - The company will ensure compliance with the Singapore Exchange's listing rules and other regulatory requirements throughout the process [12][13] - A temporary shareholders' meeting will be convened to discuss the issuance and related matters [19][20]

Meeting Overview - The fifth meeting of the Supervisory Board of Zhejiang Haikong Nanke Huatie Digital Technology Co., Ltd. was held on September 4, 2025, with all three supervisors present [1] - The meeting was convened in accordance with relevant laws and regulations, and all resolutions made were deemed legal and effective [1] Key Resolutions - The Supervisory Board approved the proposal for the company to issue S shares and list them on the Singapore Exchange to enhance capital strength and international brand image [2][3] - The issuance of S shares will be conducted in compliance with Chinese laws and regulations, as well as the rules of the Singapore Exchange [2] - The company plans to raise a total of 200 million Singapore dollars through this issuance, with the final number of shares to be determined based on the issuance price [4][5] Fund Utilization - The funds raised from the issuance will be used for the construction and operation of overseas intelligent computing centers, expansion of equipment leasing business, and to supplement working capital [6] - The company will have the authority to adjust the use of raised funds based on regulatory feedback and operational needs [6] Profit Distribution - The proposal includes a plan for the distribution of retained earnings prior to the issuance, ensuring that both existing and new shareholders benefit proportionally after the issuance [7][8] Transition to Overseas Company - The company will transition to an overseas fundraising company following the successful issuance and listing of S shares [8] Validity of Resolutions - The validity period for the resolutions related to the issuance is set for 24 months from the date of approval by the shareholders' meeting [9]

Core Viewpoint - Anhui Huaheng Biological Technology Co., Ltd. plans to issue H-shares and apply for listing on the Hong Kong Stock Exchange, necessitating revisions and formulations of internal governance systems to comply with relevant regulations [1][2]. Group 1: Governance System Revisions - The company held its 23rd meeting of the 4th Board of Directors on September 4, 2025, where it approved the proposal to revise and formulate internal governance systems applicable after the issuance of H-shares [1]. - The governance systems to be revised or formulated include a total of 18 items, with the first 6 requiring approval from the shareholders' meeting and the remaining 12 approved by the Board of Directors [2]. - The revised governance system drafts were disclosed on the Shanghai Stock Exchange website on the same day as the board meeting [2]. Group 2: Implementation and Authorization - The revised governance systems will take effect from the date of the company's H-share listing, while the existing governance systems will remain in effect until further revisions are made [2]. - The shareholders' meeting is requested to authorize the Board of Directors and/or its authorized personnel to make adjustments and modifications to the approved documents as necessary, based on domestic and foreign laws and regulations [2].

华恒生物(688639.SH)发布公告，公司董事会审议通过《关于公司发行H股股票并在香港联合交易所有限 公司上市的议案》，为深入推进公司全球化发展战略，提升品牌影响力与核心竞争力，巩固行业领先地 位，充分借助国际资本市场的资源与机制优势，优化资本结构，拓宽多元融资渠道，全面提升公司治理 水平和综合实力，公司拟发行境外上市外资股(H股)股票并申请在香港联合交易所有限公司(简称"香港 联交所")主板挂牌上市。 ...

Core Viewpoint - The company, Xingchen Technology Co., Ltd., is undergoing significant changes including a capital restructuring, the abolition of the supervisory board, and plans for an H-share issuance and listing on the Hong Kong Stock Exchange to enhance its global brand recognition and competitiveness [1][2][3][4][5][6]. Group 1: Supervisory Board Meeting - The ninth meeting of the supervisory board was held, with all three members present, and the meeting complied with relevant laws and regulations [1]. - The supervisory board approved the change of the registered capital from RMB 421,060,000 to a new amount, aligning with the updated Company Law and related regulations [1]. - The supervisory board decided to abolish the supervisory board and transfer its powers to the audit committee, revising the company's articles of association accordingly [1]. Group 2: Annual Audit Firm Appointment - The supervisory board agreed to reappoint Ernst & Young Hua Ming as the company's auditor for the fiscal year 2025, citing their experience and quality of service [2]. Group 3: H-Share Issuance and Listing - The supervisory board approved the plan for the company to issue H-shares and list on the main board of the Hong Kong Stock Exchange, aiming to optimize capital structure and diversify financing channels [3][4]. - The H-shares will be ordinary shares with a par value of RMB 1.00, and the issuance will be conducted through public offerings in Hong Kong and international placements [4][5]. - The maximum number of H-shares to be issued will not exceed 15% of the total share capital post-issuance, with provisions for an over-allotment option [4][5]. Group 4: Use of Proceeds - The funds raised from the H-share issuance will be used for enhancing R&D capabilities, strategic investments, working capital, and general corporate purposes [6]. - The company will transition to a limited company for overseas raised shares post-H-share issuance [6]. - The company plans to ensure that retained earnings before the H-share issuance will be shared among all shareholders based on their holdings after the issuance [6].