CSRC Issues Supplementary Requirements to Tier Laser (300776.SZ) for Hong Kong Listing on July 3

On July 3, the China Securities Regulatory Commission (CSRC) issued supplementary material requirements to Tier Laser (300776.SZ), requiring the company to clarify foreign investment, foreign exchange management procedures involving its overseas subsidiaries, and the latest status of pending litigation. The company submitted its Hong Kong main board listing application to the HKEx on April 20, with China International Capital Corporation as exclusive sponsor. According to prospectus data, Tier Laser is the world's largest supplier of laser processing equipment for photovoltaic cells, with an 80.4% market share in 2025.
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