New Stock News | Liuli Fruit Orchard Plans to List on the Hong Kong Stock Exchange. The China Securities Regulatory Commission requires additional information on whether there exists any issues related to interest transfer for new shareholders.

On June 6th, the China Securities Regulatory Commission announced the requirements for supplementary materials for overseas issuance and listing filing disclosure (May 30, 2025 to June 5, 2025). The CSRC requested Luluguo Yuan to provide additional information on whether there is any interest transfer situation among the new shareholders, as well as the progress of state-owned shareholders in fulfilling state-owned share identification and other state-owned asset management procedures. According to the disclosure by the Hong Kong Stock Exchange on April 16th, Luluguo Yuan submitted an application for listing on the Hong Kong Stock Exchange main board, with CITIC SEC and Guoyuan International as its joint sponsors. The CSRC requested Luluguo Yuan to provide clarification on the following matters, and to have lawyers conduct verification and provide clear legal opinions: 1. Please explain the reasons and criteria for the inconsistent results of the identification of the controlling shareholder in the filing materials, and provide a conclusive opinion on the identification of the controlling shareholder. 2. Please explain the progress of state-owned shareholders in fulfilling state-owned share identification and other state-owned asset management procedures. 3. Please explain the relationship between the new shareholders added in the 12 months before the submission of the overseas issuance and listing application and the directors and senior executives of your company, and clarify whether the new shareholders' investment price is fair and whether there is any interest transfer situation. 4. Please itemize the specific amount and proportion of the funds raised in this offering that will be used for domestic and overseas investment projects, and explain the fulfillment of related approval, examination, or filing procedures. 5. Please explain whether your company and its subsidiaries are involved in the development and operation of websites, mini-programs, apps, public accounts, and other products, the scale and use of user information collected and stored, whether personal user information is provided to third parties, and the arrangements or measures for personal information protection and data security before and after listing. The prospectus shows that Luluguo Yuan is a leading company in the Chinese fruit snack industry and a leader in plum products. The company is committed to promoting the culture of green plums and introducing natural and healthy snack options through continuous innovation. Under the leading strategy of plum products, the company has created a diversified plum product matrix, ranging from classic series using traditional techniques to innovative products that incorporate various flavors to meet different taste preferences. With diverse sales channels and strong research and development capabilities, the company is dedicated to providing consumers with nutritious fruit snacks made from high-quality ingredients.