New Stock News | Guangdong CHJ Industry (002345.SZ) intends to list on the Hong Kong Stock Exchange. The China Securities Regulatory Commission requires additional information on the specific details and latest developments of pending lawsuits.

On November 7th, the China Securities Regulatory Commission announced the "Supplementary Materials Requirement for Overseas Issuance and Listing Filing (November 3, 2025 - November 7, 2025)". The International Department of the China Securities Regulatory Commission disclosed the supplementary material requirements for 13 companies, including the requirement for Guangdong CHJ Industry (002345.SZ) to provide further information on pending lawsuits and the latest developments. According to the Hong Kong Stock Exchange disclosure on September 12th, Guangdong CHJ Industry Co., Ltd (002345.SZ) submitted an application for listing on the main board of the Hong Kong Stock Exchange, with CITIC SEC as its exclusive sponsor. The China Securities Regulatory Commission requested Guangdong CHJ Industry to provide explanations on the following issues and requested legal verification and clear legal opinions: 1. Please provide a clear conclusion on whether the pledging of shares by the controlling shareholder, the ultimate controller, or acting in concert parties of the company has a significant impact on this issuance and listing. 2. Please provide further clarification on whether the company and its subsidiaries are involved in developing and operating websites, mini-programs, apps, public accounts, etc., and whether they collect/store/contact/process personal information or order volume through authorized flagship stores, other brand malls, third-party platform stores, e-commerce stores, etc. Also, please explain if they provide information to third parties, the types of information provided, information security measures, data collection and usage before and after listing, and arrangements or measures for personal information protection and data security. 3. Please supplement information on all subsidiaries and branches of the company as per the "Regulatory Rules Applicability Guidelines - Overseas Issuance and Listing No. 2" in the legal opinion, and explain any changes. Currently, only important subsidiary situations are verified and explained. 4. Please provide further details on the specific situation and latest developments of pending lawsuits, whether they could have a significant adverse impact on the company's future operations, whether they could pose a substantial obstacle to this issuance, and whether the relevant pending lawsuits have been fully disclosed. Please have the company and lawyers provide clear opinions. 5. Please supplement information as per Article 8 of the "Administrative Measures for the Overseas Issuance and Listing of Securities by Domestic Enterprises", and explain whether the company and all domestic subsidiaries have any prohibitive situations for overseas issuance and listing. 6. Please provide a specific explanation on the fundraising and use of funds, detailing: (1) the estimated fundraising size and specific calculation methods; (2) the specific purposes of fundraising, whether it involves investment in the real estate sector, the proportion of domestic and overseas uses, and detailed descriptions of the planned locations; (3) whether it complies with the relevant provisions of the "Guiding Opinions on Further Guiding and Regulating Overseas Investment Direction" (State Council Office Issuance [2017] No. 74), whether necessary approval procedures have been completed by competent authorities, if no such procedures are involved, please provide clear basis. The prospectus shows that Guangdong CHJ Industry established the flagship jewelry brand CHJ Guangdong CHJ Industry in 1997, using it as the cornerstone of their business to lead fashion trends. Today, the company has become a model of "national innovation" in the mainland Chinese jewelry industry. With the national intangible cultural heritage of flower silk craftsmanship as its foundation, the company has commercialized traditional crafts and recreated cultural symbols, winning numerous awards for innovation in design and craftsmanship. In 2023, the company was recognized by Forbes as the only mainland Chinese jewelry brand to be named a "national innovative brand." Guangdong CHJ Industry believes that its brand's "cultural + design dual-drive" breaks the traditional paradigm of jewelry - not only as a manufacturer of jewelry but also as a conveyer of Chinese aesthetic confidence.