8月15日，中国证监会公布《境外发行上市备案补充材料要求(2025年8月8日—2025年8月14日)》。中国 证监会对华富洋等7家企业出具补充材料要求。其中，证监会要求华富洋说明跨境资金安排的合规性、 境内运营实体业务开展过程中收集及储存的数据信息类型、规模、来源、使用情况等事项。据悉， Hope Sea Inc.(华富洋)已于2025年6月16日向港交所主板提交上市申请，农银国际为独家保荐人。 二、关于跨境资金安排的合规性。公司为客户提供跨境资金安排服务，包括货币兑换业务、贸易结构化 结算业务等。请说明上述跨境资金安排服务的具体模式、向客户收费的定价依据、跨境资金安排净收益 的具体构成，并说明上述跨境资金活动属于经常项目或者资本项目及其确定依据，是否需要相应的外汇 业务资质，是否符合外汇管理的规定。 三、请对照《监管规则适用指引——境外发行上市类第2号》，说明公司股东向上穿透后的基本信息。 四、请说明境内运营实体业务开展过程中收集及储存的数据信息类型、规模、来源、使用情况，是否涉 及向第三方、向境外提供个人用户信息，上市前后个人信息保护和数据安全的安排或措施。 五、请公司说明应当向地方政府退回补贴的具体原因 ...

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has issued supplementary material requirements for seven companies, including Hope Sea Inc. (华富洋), regarding their overseas listing application, focusing on compliance with cross-border fund arrangements and data management practices [1][2]. Group 1: Regulatory Requirements - CSRC requires Hope Sea to clarify the compliance of cross-border fund arrangements, including the specific model of services provided, pricing basis, and net income composition from these activities [2]. - The company must provide detailed information on the pricing basis and legality of its capital increase and reduction processes related to its domestic operating entity [1][3]. - Hope Sea is also asked to explain the types, scale, sources, and usage of data collected during its operations, particularly concerning personal user information and data security measures [3]. Group 2: Company Background - Hope Sea Inc. was registered in the Cayman Islands on April 22, 2025, and is backed by Shenzhen Huafu Yang Supply Chain Co., Ltd., a leading provider of cross-border supply chain solutions for electronic products in China [3]. - The company has over 20 years of experience in the cross-border supply service industry, focusing on importing electronic products, particularly integrated circuits, from international suppliers to China [3]. - In 2024, Hope Sea's import Gross Merchandise Volume (GMV) reached approximately RMB 34.8 billion [3].

Core Viewpoint - The company maintains a positive outlook for its overall performance in 2025, driven by a recovery in cross-border supply chain services and domestic consumption market, with a reported revenue growth of 8.64% in Q1 [2] Group 1: Company Performance and Strategy - The company is actively participating in the construction of international supply chain service hubs, implementing innovative "Iron-Air Intermodal" transport solutions to enhance cross-border logistics capabilities [2] - The company aims to expand its semiconductor business by providing rapid response services for integrated circuit manufacturers in South China, while also developing a robust after-sales service ecosystem [2] - The company has completed self-built warehouse projects in Chongqing and Kunming, with ongoing projects in Shenzhen, aimed at reducing external warehouse rental costs and improving overall performance [2] Group 2: Market Opportunities and Growth Drivers - The company's growth last year was primarily due to the expansion of cross-border e-commerce logistics and cost reduction efforts, which allowed it to capture significant market opportunities [2] - The company is focusing on global expansion, particularly in regions such as the Belt and Road Initiative, Europe, and Central Asia, while enhancing local operational capabilities and compliance systems [2] - The company plans to leverage its multi-modal transport products and bonded logistics experience to create customized supply chain solutions that meet diverse market demands [2]

Group 1 - The core viewpoint of the article highlights that Panding International has successfully completed a multi-million dollar Series C financing round, led by Jia Yu Capital, with participation from other investors [1][4]. - The company, established in 2013, operates as a global integrated supply chain service provider, offering comprehensive logistics and supply chain services to over 5,000 core clients across more than 100 countries [2][3]. - The funds from this financing round will primarily be used to enhance local operational capabilities in emerging markets and to upgrade the company's internal intelligence and digitalization [3][5]. Group 2 - Jia Yu Capital's chairman emphasizes the irreversible trend of Chinese brands going global, and Panding International's robust global layout and integrated service capabilities are seen as key strengths [4][6]. - The increasing importance of cross-border supply chain services in driving international trade is noted, with government policies supporting innovation in this sector [5][6]. - The successful financing of Panding International reflects market recognition of its business model and growth potential, setting a benchmark for other startups in the industry [6].