New Stock News | Shenzhen Transsion Holdings Co., Ltd. (688036.SH) plans for a Hong Kong IPO. The China Securities Regulatory Commission (CSRC) requires the company to provide supplementary information on the specific details of major lawsuits and arbitration cases that have not been resolved by the company and its subsidiaries.

On April 17, the China Securities Regulatory Commission announced the requirements for supplementary materials for overseas issuance and listing (April 13, 2026 - April 17, 2026). Among them, the CSRC required Shenzhen Transsion Holdings Co., Ltd. (688036.SH) to clarify the specific situations of major unresolved litigation and arbitration cases involving the company and its subsidiaries, and whether there are significant impacts on the current issuance and listing. According to the disclosure on December 2, 2025 by the Hong Kong Stock Exchange, Shenzhen Transsion Holdings Co., Ltd. (688036.SH) submitted an application to the Main Board of the Hong Kong Stock Exchange, with CITIC SEC as its exclusive sponsor. According to Frost & Sullivan, based on 2024 mobile phone sales, Shenzhen Transsion Holdings Co., Ltd.'s mobile products ranked first in the global emerging markets, with a market share of 24.1%. Please provide Shenzhen Transsion Holdings Co., Ltd. with the following information, have a lawyer verify and provide clear legal opinions: 1. Please explain whether the business scope and actual business operations of the issuer and all subsidiaries involve areas prohibited or restricted to foreign investment in the "Special Management Measures for Foreign Investment Market Access (Negative List) (2024 Edition)." 2. Please explain the specific compliance of regulatory procedures related to overseas investments and foreign exchange registrations for all overseas subsidiaries of the issuer, and provide conclusive opinions on compliance. 3. The business scope of the issuer and its subsidiaries includes "internet information consulting services," "property management," "advertising design, agency," "advertising production," and "advertising publication." Please clarify whether they are actually engaged in relevant business activities and whether they have obtained necessary qualifications and licenses. 4. Please provide specific information on unresolved major litigation and arbitration cases involving the issuer and its subsidiaries, and whether there are significant impacts on the current issuance and listing. 5. Please explain the relationship between the actual paid-up capital, registered location, and main business of the controlling shareholder and the main business of the issuer in accordance with the requirements of the "Guidelines on the Application of Regulatory Rules - Overseas Issuance and Listing Class 2". The prospectus shows that Shenzhen Transsion Holdings Co., Ltd. is a leading global provider of intelligent terminal products and mobile internet services. The company is mainly engaged in the design, research and development, production, sales, and brand operation of intelligent terminal products with mobile phones as the core. With its mobile phone business, the company has established brand awareness among a wide and growing user base, expanding to mobile internet services, IoT products, and other products, creating a product, service, and brand ecosystem. Since its establishment in 2013, Shenzhen Transsion Holdings Co., Ltd. has focused on emerging markets, particularly in Africa. With a leading market share and extensive brand influence, the company is known as the "king of Africa" in the mobile phone industry. Based on its deep insights into user needs accumulated in the African market, the company is able to replicate successful models in different emerging markets. Shenzhen Transsion Holdings Co., Ltd. has achieved a leading market position in major emerging markets and even globally.