New stock news | Eaglerise Electric & Electronic (002922.SZ) plans to go public in Hong Kong. The China Securities Regulatory Commission requires additional information on the regulatory procedures for overseas investments involving overseas subsidiaries.

The China Securities Regulatory Commission issued the "Supplementary Materials Requirements for Overseas Issuance and Listing (May 25, 2026 - May 29, 2026)". The International Department of the China Securities Regulatory Commission issued supplementary material requirements for 11 companies. Among them, Eaglerise Electric & Electronic (002922.SZ) was required to provide additional explanations on the specific implementation of regulatory procedures such as overseas investments and foreign exchange management by its overseas subsidiaries. According to the disclosure on January 30 by the Hong Kong Stock Exchange, Eaglerise Electric & Electronic Electrical Co., Ltd. submitted an application for listing on the main board of the Hong Kong Stock Exchange, with GUOTAI JUNAN I as its sole sponsor. The China Securities Regulatory Commission requested Eaglerise Electric & Electronic to provide supplementary explanations on the following matters and requested lawyers to verify and provide clear legal opinions: 1. Please provide further information on the specific implementation of regulatory procedures such as overseas investments and foreign exchange management by your overseas subsidiaries, and provide conclusive opinions on compliance. 2. Please provide additional information on whether the company's equity pledge situation before and after this issuance may lead to changes in the controlling shareholder's ownership, taking into account factors such as debt repayment ability. The prospectus shows that Eaglerise Electric & Electronic is a global provider of power equipment and solutions. With its market-oriented approach, proprietary core technology, and R&D capabilities, Eaglerise Electric & Electronic offers a product portfolio and solutions covering multiple application areas. The company focuses on areas such as new energy, data centers, power distribution, industrial control, and lighting, mainly specializing in transformer equipment products. In addition, Eaglerise Electric & Electronic also provides customized integrated solutions for different application scenarios to empower global customers. As of September 30, 2025, through its international sales network, Eaglerise Electric & Electronic has presence in over 60 countries and regions globally, providing high-quality products and solutions to customers in various industries and application areas. In terms of revenue in 2024, among the top five Chinese suppliers in the global medium-voltage transformer equipment industry, the market share of Eaglerise Electric & Electronic ranked second at 2.2% among these Chinese suppliers, accounting for 9.7% of the market size.