New stock news | Giantec Semiconductor Corporation (688123.SH) plans to list in Hong Kong. The China Securities Regulatory Commission requires additional explanation of relevant matters of overseas subsidiaries.

The China Securities Regulatory Commission issued the "Supplementary Material Requirements for Overseas Issuance and Listing Filing (March 23, 2026 - March 27, 2026)". The International Department of the China Securities Regulatory Commission has issued supplementary material requirements to 11 companies, including a requirement for Giantec Semiconductor Corporation to provide further explanations on the compliance of overseas investments involving its overseas subsidiaries. It is reported that Giantec Semiconductor Corporation (688123.SH) submitted its listing application to the Hong Kong Stock Exchange Main Board on January 26, 2026, with CICC as its exclusive sponsor. The China Securities Regulatory Commission has requested Giantec Semiconductor Corporation to provide further explanations on the following matters, have lawyers verify them, and provide clear legal opinions: 1. Specific performance of regulatory procedures for overseas investments, foreign exchange registration, etc. involved in the establishment of overseas subsidiaries, and issue conclusive opinions on compliance. 2. The prospectus shows that Giantec Semiconductor Corporation is a high-performance non-volatile memory (NVM) chip design company dedicated to meeting the storage needs for high-speed iteration and expansion in the era of artificial intelligence. It develops and supplies SPD chips, EEPROMs, NORFlash, camera motor driver chips, mixed signal chips, and NFC chips and related solutions for its customers. The company's product portfolio includes storage chips for several core storage application scenarios, mixed signal chips, and other products, mainly including NFC chips.