New stock news | Wuxi Lead Intelligent Equipment (300450.SZ) plans to list in Hong Kong, and the China Securities Regulatory Commission requires additional explanation on the specific implementation of overseas investment, foreign exchange registration and other regulatory procedures.

On March 28, the China Securities Regulatory Commission (CSRC) announced the "Supplementary Material Requirements for Overseas Issuance and Listing Filing (March 21, 2025 - March 27, 2025)", the CSRC's International Department issued supplementary material requirements for one company. The announcement mentioned that Wuxi Lead Intelligent Equipment (300450.SZ) is required to provide further explanation on the specific compliance of overseas investments and foreign exchange registration procedures conducted by its overseas subsidiaries, and to provide conclusive opinions on compliance. According to the disclosure by the Hong Kong Stock Exchange on February 25, Wuxi Lead Intelligent Equipment submitted an application to the main board of the Hong Kong Stock Exchange, with CITIC SEC and J.P. Morgan as its joint sponsors. The CSRC requested the company to provide explanations on the following matters, and to have lawyers verify and provide clear legal opinions: 1. Please explain the specific compliance of the overseas investments and foreign exchange registration procedures conducted by the company's overseas subsidiaries, and provide conclusive opinions on compliance. 2. Please explain whether the scope of operations of the company and its subsidiaries includes areas with restrictions or prohibitions on foreign investment. 3. Please explain whether the company and its subsidiaries are involved in the development and operation of websites, mini-programs, apps, public accounts, etc., whether they provide information content to third parties, the types of information content provided, and the measures taken for information security; also, provide information on the scale of user information collection and storage, data collection and usage, arrangements or measures for personal information protection and data security before and after listing. According to the prospectus, Wuxi Lead Intelligent Equipment is a global leading high-end intelligent equipment platform enterprise, providing highly competitive intelligent manufacturing equipment and solutions to numerous emerging and high-end manufacturing industries. The company is positioned in the most dynamic and promising industrial ecosystem globally, with its delivered equipment and solutions widely used in diverse applications such as lithium battery, photovoltaic battery, 3C electronics manufacturing, intelligent logistics, hydrogen production, fuel cell production, automotive manufacturing, and laser precision machining.