New Stock Update | Standard intends to list in Hong Kong, China Securities Regulatory Commission requires disclosure of historical capital increases, equity transfer prices, and pricing basis.

On September 5, the China Securities Regulatory Commission announced the requirements for supplementary materials for overseas issuance and listing applications (August 29, 2025 - September 4, 2025). The CSRC requested that Stan T explain the pricing and basis of previous capital increases and equity transfers, whether the paid-in capital has been fulfilled, and whether there are any flaws such as failure to fulfill capital obligations, fund diversion, or flawed capital contribution methods. According to the disclosure by the Hong Kong Stock Exchange on June 23, Stan T submitted its listing application to the Hong Kong Stock Exchange, with CITIC SEC and GUOTAI JUNAN I as its joint sponsors. Furthermore, conclusive opinions were issued regarding the legality and compliance of the company's establishment and previous equity changes. The progress of foreign exchange changes registration for the first capital increase and share transfer in May 2025 was explained. The reasons for the cease of penetration of the main shareholders' situation as "unknown" and whether there is any situation of transfer of benefits were discussed. The reasons for the entry of new shareholders in the past 12 months and whether any transfer of benefits exist were also examined. Additionally, conclusive opinions were issued on whether the business scope of the company and its domestic subsidiaries is involved in the prohibited or restricted areas of foreign investment stipulated in the Special Management Measures for Foreign Investment Access (Negative List) (2024 Version). The prospectus shows that Stan T is a global leading provider of industrial intelligent mobile Siasun Robot & Automation solutions, dedicated to empowering smart factories in various industrial scenarios. It is also a pioneer in providing industrial intelligent Siasun Robot & Automation solutions. The company's tailored one-stop Siasun Robot & Automation solutions include the core Siasun Robot & Automation technology platform, a range of multi-functional industrial intelligent Siasun Robot & Automation products, and the all-in-one intelligent collaborative system RoboVerse. According to the information from Zhishi Consulting, as of the annual data available until December 31, 2024, the group is the fifth largest provider of industrial intelligent mobile Siasun Robot & Automation solutions and the fourth largest provider of industrial intelligent Siasun Robot & Automation solutions globally based on sales volume. The company's high-quality solutions have been recognized and adopted by over 400 clients worldwide, many of whom are leading companies in their respective fields.