Group 1 - The China Securities Regulatory Commission (CSRC) has requested supplementary materials from 17 companies, including Wolong Nuclear Materials, regarding their overseas listing applications [1][2] - Wolong Nuclear Materials submitted its listing application to the Hong Kong Stock Exchange on June 16, 2025, with CITIC Securities International and China Merchants Securities International as joint sponsors [1] - The CSRC specifically asked Wolong Nuclear Materials to clarify the specific use of raised funds and the status of overseas investment approvals for related projects [2] Group 2 - Wolong Nuclear Materials is a leading provider of comprehensive solutions for high-speed data communication and alternative energy power transmission, and a major manufacturer of high-speed copper cables [2] - The company's products facilitate high-speed connections between functional modules in computing centers, enhancing data transmission efficiency while ensuring optimal energy consumption and reliability [2] - According to Frost & Sullivan, Wolong Nuclear Materials is the second-largest high-speed copper cable manufacturer globally and the largest in China, holding a 24.9% market share based on global revenue in 2024 [2]

Group 1 - The China Securities Regulatory Commission (CSRC) has issued supplementary material requirements for 17 companies, including Wolong Nuclear Materials, regarding their overseas listing applications [1] - Wolong Nuclear Materials submitted its listing application to the Hong Kong Stock Exchange on June 16, 2025, with CITIC Construction Investment International and China Merchants Securities International as joint sponsors [1] - The CSRC has requested Wolong Nuclear Materials to clarify the specific use of raised funds and compliance with foreign investment policies [1] Group 2 - Wolong Nuclear Materials is a leading provider of high-speed data communication and alternative energy power transmission solutions, specializing in the manufacturing and sales of high-speed copper cables [1] - The company's high-speed copper cables have been certified for use in computation servers by several leading global AI companies, ensuring stable and high-quality signal transmission between different GPUs [2] - According to Frost & Sullivan, the company is the second largest high-speed copper cable manufacturer globally and the largest in China, with a global market share of 24.9% based on 2024 revenue [2]

Core Viewpoint - Shenzhen Wole Cable Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange's Growth Enterprise Market, with CITIC Construction Investment International and China Merchants Securities International as joint sponsors [1] Group 1: Company Overview - Wole Cable is a leading provider of high-speed data communication and alternative energy power transmission solutions, specializing in the manufacturing and sales of high-speed copper cables [3] - The company's products facilitate high-speed connections between functional modules in computing centers, enhancing data transmission efficiency while ensuring optimal energy consumption and reliability [3] - Wole Cable is recognized as the second largest high-speed copper cable manufacturer globally and the largest in China, holding a global market share of 24.9% as of 2024 [3] Group 2: Product Leadership - The company is a leader in heat shrink materials, with a global market share of 20.6% in 2024, and it has pioneered the industrialization of heat shrink materials in China, achieving a market share of 58.5% [3] - Wole Cable's electric power transmission products for electric vehicles provide high-performance electrical solutions, making it the largest manufacturer of DC charging guns in China with a market share of 41.7% [4] - The company also offers power transmission solutions for power grids and stations, ranking first among cable accessory manufacturers in China with a market share of 10.6% [4] Group 3: Financial Performance - For the fiscal years 2022, 2023, and 2024, Wole Cable reported revenues of approximately 5.337 billion, 5.719 billion, and 6.920 billion RMB, respectively, with net profits of 660 million, 758 million, and 921 million RMB during the same periods [4]