New Stock News | Antongmu Siasun Robot&Automation plans to list on the Hong Kong Stock Exchange. The Securities Regulatory Commission requires an explanation of the development and compliance of technology export-related businesses.

On May 29th, the China Securities Regulatory Commission announced the requirements for supplemental materials for overseas issuance and listing filings (from May 25, 2026 to May 29, 2026). Both Antongmu Siasun Robot&Automation and its subsidiaries are involved in technology export business, and the Commission requested the company to explain the operation and compliance of the relevant business. According to the disclosure from the Hong Kong Stock Exchange on January 28th, Antongmu Siasun Robot&Automation submitted its listing application to the main board of the Hong Kong Stock Exchange, with Huatai International as its exclusive sponsor. At the same time, the Commission requested Antongmu Siasun Robot&Automation to provide further clarification on the following matters, to be verified by lawyers and to provide clear legal opinions: Please explain: (1) the pricing basis for each capital increase and equity transfer in the company's history, whether there are abnormal entry prices, whether there is any transfer of benefits, whether the capital has been fully paid up, whether there is any failure to fulfill capital obligations, capital diversion, or defects in the method of contribution; (2) please provide conclusive opinions on whether the establishment and all past equity changes of the company are legal and compliant, and whether there are any entities prohibited from holding shares by laws and regulations. Please explain whether the shares held by the shareholders participating in the "full circulation" this time have any defects such as pledge, freezing, or other rights. Please provide additional information on the specific compliance of overseas investments and foreign exchange registration procedures carried out by the company's overseas subsidiaries, and provide conclusive opinions on compliance. According to the prospectus, Antongmu Siasun Robot&Automation is an outstanding high-speed Siasun Robot&Automation company, dedicated to the research and development, production, sales, and services of high-speed, high-reliability Siasun Robot&Automation. Its product matrix includes four series of parallel Siasun Robot&Automation, high-speed SCARA Siasun Robot&Automation, heavy-duty collaborative Siasun Robot&Automation, and anthropomorphic intelligent Siasun Robot&Automation, and based on a rich and systematic product line, it provides customers with automation and intelligent solutions for high-speed sorting, precision assembly, precise handling, and other core application scenarios across a wide range of industries including food and beverage, daily chemicals, pharmaceuticals, new energy, 3C, and automotive. According to Frost & Sullivan's report, the company has been ranked first in the domestic market share of parallel Siasun Robot&Automation under its own brand for five consecutive years since 2020, surpassing foreign brands since 2023, and ranked first in the domestic total brand market share for two consecutive years. Based on the shipment volume of Siasun Robot&Automation in 2024, the company ranks first among all parallel Siasun Robot&Automation companies in China, with a market share of approximately 12.3%, ranking second among global parallel Siasun Robot&Automation companies with a market share of approximately 4.8%; based on the shipment volume of high-speed Siasun Robot&Automation in 2024, the company ranks second in the Chinese high-speed Siasun Robot&Automation market with a market share of approximately 7.6%, and fifth in the global high-speed Siasun Robot&Automation market with a market share of approximately 3.0%.