New stock news | Guangzhou Tinci Materials Technology (002709.SZ) plans to list on the Hong Kong Stock Exchange. The China Securities Regulatory Commission requires additional details and disclosure on the specific situation of the establishment of Hong Kong Tianci.

On October 31, the China Securities Regulatory Commission (CSRC) announced the "Supplementary Material Requirements for Overseas Issuance and Listing Filings (October 27, 2025 - October 31, 2025)". The CSRC International Department issued supplementary material requirements to nine companies, including Guangzhou Tinci Materials Technology (002709.SZ), requesting further clarification on whether the existing, under construction, and proposed projects for fundraising fall under "high energy consumption" or "high emission" projects, as well as specific details and disclosures regarding Hong Kong Tianci's establishment. It is reported that Guangzhou Tinci Materials Technology submitted an application for listing on the main board of the Hong Kong Stock Exchange on September 22, 2025, with J.P. Morgan, CITIC SEC, and GF SEC as its joint sponsors. The CSRC requested Guangzhou Tinci Materials Technology to provide further clarification on the following matters and to request legal opinions from lawyers: 1. Please further explain whether the company's domestic subsidiaries fall under the circumstances specified in Article 8 of the "Regulations on Issuance and Listing of Securities abroad by Domestic Enterprises". 2. Please clarify whether the existing, under construction, and proposed projects fall under "high energy consumption" or "high emission" projects, and provide specific basis. 3. The company and its subsidiaries are engaged in "battery manufacturing," "lithium-ion battery manufacturing," "power battery manufacturing," and "other unspecified battery manufacturing". Please explain the status of related business operations. 4. Please provide specific details and disclosures about the establishment of Hong Kong Tianci and its actual business operations, with clear evidence that it does not involve major violations of laws and regulations. 5. Please explain whether the company and its subsidiaries' business scope and actual operations involve areas prohibited or restricted for foreign investment according to the "Foreign Investment Access Special Management Measures (Negative List) (2024 Edition)". According to the prospectus, Guangzhou Tinci Materials Technology is a technology-driven new energy and advanced materials company, mainly focusing on providing comprehensive solutions for lithium-ion battery materials, daily chemical materials, and special chemicals to global corporate clients. The company integrates the complete value chain of key materials for electrolytes, including LiPF6, LiFSI, additives, and lithium carbonate. It has successfully expanded its business to the fields of positive electrode materials (including iron phosphate and lithium iron phosphate) and adhesives for lithium batteries (including PACK structural adhesive and bonding agents), forming a comprehensive solution for lithium-ion battery materials and already making strides in emerging areas such as smart driving, eVTOL, semiconductors, cutting-edge engineering, and AI thermal management. The company's next-generation products include solid electrolytes, automotive electronics and semiconductor-specific adhesives and sealants, high-performance polymers (mainly PEEK and PI), high-efficiency thermal conductors and flame retardant materials. According to ZuoShi Consulting's data, as of June 30, 2025, the company's self-sufficiency rates for LiPF6, LiFSI, DTD additives, and high-purity lithium carbonate were 99.0%, 97.0%, 90.0%, and 100.0% respectively, ranking first in the industry.