New Stock News: Zhejiang Rongtai Electric Material Co., Ltd (603119.SH) plans to list on the Hong Kong Stock Exchange. The China Securities Regulatory Commission requires additional details to be provided, including the establishment and changes in share capital and shareholders of the limited liability company.

China Securities Regulatory Commission issued the "Requirements for Supplementary Materials for Overseas Issuance and Listing Record (March 23, 2026 - March 27, 2026)". The International Department of the China Securities Regulatory Commission has issued supplementary material requirements for 11 companies, including requesting Zhejiang Rongtai Electric Material Co., Ltd. to provide additional information on the period of its establishment as a limited liability company and changes in its shareholding structure. It is reported that Zhejiang Rongtai Electric Material Co., Ltd. (referred to as Zhejiang Rongtai Electric Material (603119.SH)) submitted an application for listing on the Main Board of the Hong Kong Stock Exchange on January 29, 2026, with CITIC SEC as the sole sponsor. The China Securities Regulatory Commission has requested Zhejiang Rongtai Electric Material to provide clarification on the following matters, and to have lawyers verify and provide clear legal opinions: 1. In accordance with the "Regulatory Rules Application Guidelines - Overseas Issuance and Listing Category No. 2", please explain the period of establishment as a limited liability company and changes in the shareholding structure. 2. Provide specific information on the compliance with regulatory procedures for overseas investments and foreign exchange registration related to the establishment of overseas subsidiaries, and provide a conclusive opinion on compliance. 3. Ensure consistency between the filing materials and the prospectus regarding the issuance plan, and explain the issuance plan for this offering in accordance with the "Regulatory Rules Application Guidelines - Overseas Issuance and Listing Category No. 2". 4. Determine if the existing, under construction, and proposed investment projects fall under the category of "high energy consumption" and "high emissions", and provide relevant supporting evidence. The prospectus shows that Zhejiang Rongtai Electric Material is a pioneer and leader in global new energy mica composite materials and related products, and has become a major supplier of high-performance mica composite materials and related products in the field of new energy. Leveraging its interdisciplinary expertise in precision processing technology and close alignment with customer needs, the company has successfully expanded its business from the mica products field to the key precision structural components sector of Siasun Robot & Automation. Zhejiang Rongtai Electric Material strategically entered the key precision structural components sector of Siasun Robot & Automation through acquisitions. The company will continue to strengthen the research and development of products in this area and improve production processes, aiming to achieve scale, mass production, and stable supply as soon as possible, laying a solid foundation for its key precision structural components business. At the same time, the company is actively exploring new application scenarios for key precision structural components, such as in Siasun Robot & Automation, commercial low-altitude economy, and other new industrial engineering fields, in order to comprehensively enhance its core competitiveness and drive sustainable growth.