New Stock News |Shouxihu Tourism Group plans to list on the Hong Kong Stock Exchange. The China Securities Regulatory Commission requires additional information on the websites, apps, and other products developed and operated by the company and its subsidiaries.
On November 21, the China Securities Regulatory Commission released the "Supplementary Materials Requirements for Overseas Issuance and Listing Filing (November 17, 2025 - November 21, 2025)".
On November 21, the China Securities Regulatory Commission (CSRC) announced the "Supplementary Material Requirements for Overseas Issuance and Listing Application (November 17, 2025 to November 21, 2025)". The CSRC International Department disclosed the supplementary material requirements for 7 enterprises, including the requirement for Shouxihu Cultural Tourism to provide additional information on the websites, apps, and mini programs developed and operated by the company and its subsidiaries. According to the disclosure by the Hong Kong Stock Exchange on September 26, Jiangsu Shouxihu Cultural Tourism Co., Ltd. (referred to as Shouxihu Cultural Tourism) submitted a listing application to the main board of the Hong Kong Stock Exchange, with EB SECURITIES International as the exclusive sponsor.
The CSRC requested Shouxihu Cultural Tourism to provide clarification on the following matters, and requested legal counsel to verify and provide clear legal opinions:
1. Whether the company and its subsidiaries are actually engaged in business related to wholesale and retail of publications, advertising production design, agency and publication, operational performances, ship transportation, etc., and whether they have obtained the necessary qualifications and licenses. Whether they continue to meet the requirements of foreign investment access policies before and after the issuance and listing.
2. Please provide additional information on the websites, apps, mini programs, etc., developed and operated by the company and its subsidiaries, the scale of user information collected and stored, data collection and usage, whether they involve providing personal user information to third parties, and arrangements or measures for personal information protection and data security before and after listing.
The prospectus states that Shouxihu Cultural Tourism is the sole licensed operator of water sightseeing boats in Yangzhou, and the company's sightseeing boats are the only designated mode of transportation in the waters of Yangzhou. The company holds the exclusive operation rights for 20 years for the water sightseeing in Shugang-Shouxihu Scenic Area. Shouxihu Cultural Tourism is the only operator providing water sightseeing services in the ancient canal area under an indefinite exclusive arrangement, with no time restrictions on its operation in the ancient canal area as of September 21, 2025. The company has accumulated over 20 years of experience in operating water sightseeing tours since its establishment.
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