China SEC Issues 9 Supplementary Material Requests for Jingshi Measuring Control's Hong Kong IPO

According to the China Securities Regulatory Commission (CSRC), on June 26, the regulator issued nine supplementary material requirements for Jingshi Measuring Control Technology Co., Ltd. regarding its Hong Kong main board IPO application. Key requirements include clarification on the company's prior A-share ChiNext application withdrawal, equity capital verification procedures, recent shareholder entry pricing, equity incentive plan compliance, related party relationships with sponsors, and overseas subsidiary regulatory compliance.

According to Hong Kong Exchanges and Clearing disclosure on April 16, Jingshi Measuring Control submitted its IPO application to the Hong Kong main board, with China International Capital Corporation and Bank of Communications International as joint sponsors.