New stock news | Wus Printed Circuit (002463.SZ) plans to conduct a Hong Kong IPO. The China Securities Regulatory Commission requires additional information on the overseas investments of the company's overseas subsidiaries.

On May 22, the China Securities Regulatory Commission announced the requirements for supplementary materials for overseas issuance and listing filings (May 18, 2026May 22, 2026). Among them, the China Securities Regulatory Commission required Wus Printed Circuit to provide additional information on the specific implementation of overseas investments, foreign exchange registration and other regulatory procedures of its overseas subsidiaries. According to the disclosure on November 28 by the Hong Kong Stock Exchange, Wus Printed Circuit Limited (referred to as Wus Printed Circuit (002463.SZ)) submitted an application to the Hong Kong Stock Exchange main board, with CICC and HSBC as joint sponsors. The China Securities Regulatory Commission requested Wus Printed Circuit to supplement the following matters, have lawyers verify them and provide clear legal opinions: 1. Please provide supplementary information on whether the business scope of the company and its subsidiaries involves the "Special Administrative Measures for Market Access for Foreign Investment (Negative List) (2024 Edition)". 2. Please provide supplementary information on the specific implementation of regulatory procedures such as overseas investments and foreign exchange registration by the company's overseas subsidiaries, and issue a conclusion on compliance. The prospectus shows that Wus Printed Circuit is a leading global provider of PCB solutions in the field of data communication and intelligent automobiles. The booming demand for AI-driven data centers, especially in the field of high-performance computing and data interconnection applications, has become the core engine driving the company's performance growth. In addition, the rapid development of electrification, intelligence, and networking in automobiles also injects momentum into the company's long-term performance growth. According to the data from Zhaoke Consulting, based on the revenue for the 18 months ending June 30, 2025: the company's revenue in the data center PCB field ranks first globally, with a market share of 10.3%; the company's 22 layers and above PCB ranks first globally, with a market share of 25.3%; the company's revenue for switches and routers PCBs ranks first globally, with a market share of 12.5%; and the company's L2+ autonomous driving domain controllers high-end HDI PCB ranks first globally, with a market share of 15.2%.