New stock news | Howei Group (603501.SH) plans to have a Hong Kong IPO. The China Securities Regulatory Commission requires an explanation of the reasons for the inconsistency in the identification results of the controlling shareholder in the filing materials.

According to the financial and economic app, on August 8th, China Securities Regulatory Commission announced the requirement for supplementary materials for overseas issuance and listing filing disclosure (August 1, 2025 to August 7, 2025). The Commission requires Huawei Group to provide additional explanations for the inconsistent results of the recognition of controlling shareholders in the filing materials, as well as the criteria for recognition, and to issue a clear and conclusive opinion on the recognition of controlling shareholders. According to the disclosure on June 27th by the Hong Kong Stock Exchange, Huawei Group (603501.SH) submitted an application for listing on the main board of the Hong Kong Stock Exchange, with UBS Group, China International Capital Corporation, PASCHK, and GFSHK as joint sponsors.