New Stock News | Tianhua Xinneng (300390.SZ) plans Hong Kong IPO, China Securities Regulatory Commission requests additional explanation regarding the fairness of related-party transaction pricing with CATL.

According to the Zhitong Finance APP, on August 14, the China Securities Regulatory Commission (CSRC) released the "Public Notice on Supplementary Material Requirements for Overseas Issuance and Listing Filing (August 10, 2026 - August 14, 2026)." The International Department of the CSRC issued supplementary material requirements for eight enterprises. Among them, Tianhua New Energy is required to clarify whether the pricing of related transactions with CATL during the reporting period was fair and if there were any circumstances of benefit transfer. According to disclosures from the Hong Kong Stock Exchange on April 2, Tianhua New Energy (300390.SZ) submitted a listing application to the main board of the Hong Kong Stock Exchange, with Huatai International and CMB International as its joint sponsors.