New Stock News | HuaGong Technology (000988.SZ) plans Hong Kong IPO, and the China Securities Regulatory Commission requires additional explanations regarding the compliance of foreign subsidiary foreign exchange registration and other regulatory procedures.

On August 14, the China Securities Regulatory Commission (CSRC) announced the "Supplementary Material Requirement for Filing of Overseas Issuance and Listing (August 10, 2026August 14, 2026)." The International Department of the CSRC issued supplementary material requirements for 8 enterprises. Among them, Hualan Technology was requested to provide additional clarification on the regulatory compliance regarding offshore investments and foreign exchange registration concerning all overseas subsidiaries, and to provide a conclusive opinion on compliance. According to the Hong Kong Stock Exchange's disclosure on April 13, Hualan Technology (000988.SZ) submitted a listing application to the main board of the Hong Kong Stock Exchange, with CITIC Securities as its sole sponsor.