New Stock News | Rigol Technologies (688337.SH) plans to list in Hong Kong. The China Securities Regulatory Commission requires additional clarification on whether the business operations involve restricted or prohibited areas of foreign investment.

On November 14, the China Securities Regulatory Commission announced the "Supplementary Materials Requirements for Overseas Issuance and Listing Filing (November 10, 2025 - November 14, 2025)". The announcement mentioned that Rigol Technologies (688337.SH) is required to provide supplementary explanations on whether its business operations involve restricted or prohibited areas of foreign investment. According to the disclosure by the Hong Kong Stock Exchange on September 29, Rigol Technologies Technology Co., Ltd. (referred to as Rigol Technologies) submitted its listing application to the main board of the Hong Kong Stock Exchange, with CITIC SEC as the sole sponsor. The China Securities Regulatory Commission requested Rigol Technologies to provide explanations on the following matters, and to have lawyers verify and provide clear legal opinions: 1. Please explain the compliance status of the overseas investment filing procedures for your company's establishment of overseas subsidiaries and provide a conclusive opinion on compliance. 2. Please explain the business scope and actual business operations of your company's subsidiaries, whether they involve restricted or prohibited areas of foreign investment, and whether they continue to comply with foreign investment access policy requirements before and after this issuance and listing. Additionally, please provide specific information on the actual conduct and operational situation of the specific activities related to "non-residential real estate leasing and property management" within the business scope of your company's subsidiaries. 3. Regarding this issuance plan: (1) Please explain the issuance plan in accordance with the requirements of the "Regulatory Rules Application Guide - Overseas Issuance and Listing Class No. 2"; (2) Please provide updates on the latest progress of your company's overseas investment projects, and the status of compliance with overseas investment approval, approval, or filing procedures. The prospectus shows that the company is an electronic measuring instrument company with advanced technological capabilities and a global presence. According to data from Frost & Sullivan, the company is the largest electronic measuring instrument supplier in China and ranked eighth globally in terms of revenue in 2024. The company designs, develops, manufactures, and delivers comprehensive electronic measuring instruments and solutions to support scientific exploration and industry innovation. Through the "RIGOL" brand, the company serves over 100,000 end customers in more than 90 countries and regions, helping customers in various industries address complex testing challenges in the fields of communication, new energy, semiconductors, and education and research.