Hexia Technology Seeks Hong Kong GEM Listing; CSRC Requests Clarification on Controlling Shareholder's Equity Proxy Holding

According to smart financial news platform reports citing China Securities Regulatory Commission (CSRC) disclosure on June 26, Zhejiang Hexia Technology Co., Ltd. has received supplementary material requirements from the CSRC regarding its Hong Kong GEM board listing application. The CSRC specifically requested the company clarify its controlling shareholder's historical equity proxy holding arrangements, including parties involved, stake percentages, and holding duration, as well as address potential ownership disputes. Hexia Technology submitted its listing application to Hong Kong Exchanges and Clearing (HKEX) GEM board on February 10, with China Join-Win Capital serving as sole sponsor. The company primarily provides automotive testing services to manufacturers and component suppliers.
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