New Stock News | OmniVision Integrated Circuits Group, Inc. (603501.SH) plans to IPO in Hong Kong. The China Securities Regulatory Commission requires an explanation for reasons of inconsistency in the identification of the controlling shareholder in the filing materials.

On August 8th, the China Securities Regulatory Commission announced the requirements for supplementary materials for overseas issuance and listing filing (August 1, 2025 to August 7, 2025). The CSRC requested OmniVision Integrated Circuits Group, Inc. to provide further explanations regarding the inconsistencies in the identification of the controlling shareholder in the filing materials and the criteria for identification, and to issue a definitive opinion on the identification of the controlling shareholder. According to the disclosure by the Hong Kong Stock Exchange on June 27th, OmniVision Integrated Circuits Group, Inc. (603501.SH) submitted an IPO application to the main board of the Hong Kong Stock Exchange, with UBS Group, CICC, PASCHK, and GFSHK as joint sponsors. At the same time, the CSRC requested clarification on the specific situation of the company's controlling shareholder, or shareholders controlled by the controlling shareholder, or the actual controllers holding company shares under pledge, and the impact on the company and its subsidiaries' control rights and normal business operations, and whether it constitutes a situation prohibited from overseas listing under Article 8 of the Measures for the Administration of the Issuance and Listing of Securities by Domestic Enterprises Overseas. The prospectus shows that according to Frost & Sullivan data, based on the 2024 revenue, OmniVision Integrated Circuits Group, Inc. is one of the top ten Fabless semiconductor companies globally. Currently, the company mainly focuses on three product lines: image sensor solutions, display solutions, and analog solutions. The company is also continuously expanding its product and solution categories and coverage, in order to serve high-growth industries such as smartphones, automobiles, medical equipment, security, and emerging markets (machine vision, smart glasses, and edge AI). According to Frost & Sullivan data, based on the 2024 revenue of image sensor solutions, OmniVision Integrated Circuits Group, Inc. is a pioneer in image sensor technology and the third largest digital image sensor supplier globally.