New stock news | Xin Qi Microelectronics (688630.SH) plans to list in Hong Kong. China Securities Regulatory Commission requires additional clarification on the specific use of raised funds.

Zhito Financial APP learned that on October 31, the China Securities Regulatory Commission announced the "Supplementary Materials Requirements for Overseas Issuance and Listing Filing (October 27, 2025 - October 31, 2025)". Among them, it requires Xinqi Microelectronics (688630.SH) to provide supplementary information on the basic information of Yage Venture Capital, a shareholder with a stake of more than 5%, and the specific use of the raised funds. It is reported that Xinqi Microelectronics has submitted its listing application to the main board of the Hong Kong Stock Exchange on August 31, 2025, with China International Capital Corporation as its exclusive sponsor.