Core Viewpoint - The China Securities Regulatory Commission (CSRC) has requested supplementary materials from Guoxia Technology and six other companies regarding their overseas listing applications, focusing on the rationality of recent shareholder investment prices and compliance with regulations [1][2]. Group 1: Regulatory Requirements - The CSRC has asked Guoxia Technology to clarify whether its business operations fall under the "Negative List" of foreign investment access measures [2]. - The company is required to explain the rationality of the investment prices of new shareholders over the past 12 months, including reasons for any discrepancies and potential issues of interest transfer [2]. - Guoxia Technology must provide details on the compliance of its implemented equity incentive plans, including participant relationships with other stakeholders and the legality of the agreements [2]. - The company is also asked to confirm whether the shares of shareholders participating in the "full circulation" are subject to any pledges, freezes, or other rights defects [2]. Group 2: Company Overview - Guoxia Technology focuses on developing and providing energy storage system solutions and products, applicable to various scenarios including power grids, commercial, and residential sectors [3]. - The company has implemented a global strategy and is recognized as one of the first in the industry to achieve seamless cloud integration of energy storage solutions and develop a panoramic cloud platform [3]. - According to Zhaoshang Consulting, Guoxia Technology ranks as the eighth largest multi-purpose energy storage system provider in China by new installed capacity in 2024, and the tenth largest household energy storage system supplier by shipment capacity in the same year [3].

Core Viewpoint - Guoxia Technology Co., Ltd. has submitted an application to list on the Hong Kong Stock Exchange, with Everbright Securities International as its sole sponsor [1][3]. Company Overview - Guoxia Technology is a leading provider of renewable energy solutions and products in China's energy storage industry, focusing on platform technology and AI-driven systems [3]. - The company offers energy storage system solutions and products that cater to various applications, including power side, large grid side, commercial, industrial, and residential sectors, targeting both domestic and international markets [3]. - Guoxia Technology is recognized for its seamless cloud integration of energy storage solutions and the development of a panoramic cloud platform, solidifying its leadership in digital energy management [3]. Business Segments - The company's operations are divided into three segments: intelligent energy storage system solutions, EPC services, and other offerings [4]. - Guoxia Technology provides comprehensive energy storage system solutions that integrate AI technology with advanced hardware products to meet unique customer needs [4]. - The company specializes in EPC services for commercial energy storage projects and photovoltaic power station development, ensuring project management, quality assurance, and timely delivery [4]. Market Position - According to Frost & Sullivan, Guoxia Technology ranks as the eighth largest provider of multi-purpose energy storage systems in China by new installed capacity in 2024, and the tenth largest provider of household energy storage systems by shipment capacity in the same year [3]. Financial Performance - The company's projected revenues for 2022, 2023, and 2024 are approximately RMB 142 million, RMB 314 million, and RMB 1.026 billion, respectively [5][6]. - The annual profits for the same years are estimated at RMB 24.3 million, RMB 28.1 million, and RMB 49.1 million, respectively [5][6].