New stock news | Wuhan DR Laser Technology Corp., (300776.SZ) plans to list in Hong Kong. The China Securities Regulatory Commission requires supplementary explanations on overseas investments involving overseas subsidiaries.

On July 3, the China Securities Regulatory Commission issued the "Supplementary Material Requirements for Overseas Issuance and Listing Record Filing (June 29, 2026 - July 3, 2026)". The CSRC's International Department required seven enterprises to submit supplementary materials. Among them, Wuhan DR Laser Technology Corp., (300776.SZ) was required to provide further explanations on the specific compliance of overseas subsidiary investments, foreign exchange management and regulatory procedures, as well as the latest developments in pending lawsuits. According to the Hong Kong Stock Exchange disclosure on April 20, Wuhan DR Laser Technology Corp., Technology Co., Ltd. submitted an application for listing on the Hong Kong Stock Exchange main board, with CICC as the exclusive sponsor. The CSRC requested Wuhan DR Laser Technology Corp., to provide further explanations on the following matters, and to have lawyers verify and provide clear legal opinions: 1. Please provide further explanations on the specific compliance of overseas subsidiary investments, foreign exchange management and regulatory procedures, and provide conclusive opinions on compliance. 2. Please provide updates on the latest developments in pending lawsuits involving your company, whether they will have significant adverse effects on future operations, whether they will pose substantial obstacles to this issuance, and whether the related pending lawsuits have been fully disclosed. The prospectus shows that Wuhan DR Laser Technology Corp., is a company that focuses on providing laser precision micro-nano processing solutions for the photovoltaic, semiconductor, and new display industries based on independent innovation of laser technology. The company is a pioneer in ultrafast laser technology in the field of micro-nano processing, a global leader and pioneer in photovoltaic laser application technology and equipment solutions, and is committed to breakthrough innovations in laser processing technology and equipment for the semiconductor and new display industries. The company is mainly engaged in the research and development, production, sales, and supporting services of high-efficiency photovoltaic cell and module laser processing equipment, covering the full process of laser processing for BC, TOPCon, HJT, perovskite, st... According to data from Shine Consultant, based on 2025 revenue, the company is the world's largest supplier of photovoltaic cell laser processing equipment with a market share of 80.4%. The company's business model is centered around technology-driven differentiation, and it maintains close cooperation with leading downstream manufacturers to transform proprietary laser technology into an expandable, cross-industry commercially validated equipment platform.