New stock news | Nanxin Micro intends to IPO in Hong Kong. The China Securities Regulatory Commission requires a detailed explanation of the specific compliance procedures for overseas investments involving overseas subsidiaries.

According to the Securities Times app, on June 13, the China Securities Regulatory Commission announced the requirements for supplementary materials for overseas issuance and listing filing (June 6, 2025 - June 12, 2025) to be made public. The CSRC requires Naxinwei to provide additional explanations regarding the specific implementation of overseas investments and foreign exchange registration procedures by the company's overseas subsidiaries, and to issue conclusive opinions on compliance. Both the company and its subsidiaries are engaged in technology export business, and they must explain the recent developments and compliance of technology export business in the past three years. According to Hong Kong Exchanges and Clearing Limited's disclosure on April 25, Naxinwei has submitted an application to the Main Board of the Hong Kong Exchanges and Clearing Limited, with China International Capital Corporation, CITIC Securities, and CMB International serving as its joint sponsors.