New Stock News | Yanqu Information plans to list on the Hong Kong Stock Exchange. The China Securities Regulatory Commission requires the company to supplement the net profit data for the past three years in the filing report.

On May 29, the China Securities Regulatory Commission (CSRC) announced the requirements for supplementary materials for overseas issuance and listing (May 25, 2026-May 29, 2026). The CSRC requested that Renqu Information provide a clear concluding opinion on the legality and compliance of the implementation of the equity incentive plan, and whether there is any profit transfer. In addition, they were required to supplement the net profit data for the past three years in the filing report in accordance with the requirements of the "Regulatory Rules Applicable Guidelines-Overseas Issuance and Listing Class No. 2". According to the disclosure of the Hong Kong Stock Exchange on January 26, Renqu Information submitted an application for listing on the main board of the Hong Kong Stock Exchange, with Shenwan Hongyuan Group Hong Kong as its exclusive sponsor. At the same time, the CSRC requested Renqu Information to provide clarification on the following matters, have a lawyer verify and provide clear legal opinions: 1. Explanation of the pricing basis for each capital increase and equity transfer of the company, whether the paid-in capital has been made, whether there is any failure to fulfill the contribution obligation, diversion of capital, or defects in the method of contribution, and provide a clear concluding opinion on the legality and compliance of each equity change. 2. Explanation of the reasonableness of the prices for new shareholders entering the company in the last 12 months, the reasons for the differences in these prices, and a clear concluding opinion on the existence of profit transfer. Regarding operational compliance: 1. Please explain the progress of the overseas investment filing procedures of the company's Malaysian subsidiary with the National Development and Reform Commission. 2. Please explain the rectification situation after the company was notified by the National Computer Virus Emergency Response Center, whether it constitutes a serious violation of laws and regulations, and whether it has a significant adverse impact on the company's daily operations and this issuance and listing. Regarding this issuance and listing: 1. Please explain the specific plan arrangements for the company's stock split, whether it will affect the number of shares issued this time. 2. Please explain whether the shares held by the prospective "full circulation" shareholders in this issuance have any defects such as being pledged, frozen, or other rights issues. The prospectus shows that Renqu Information operates a "Renrenting" online service platform, realizing asset-light operations. As of September 30, 2025, the platform has attracted more than 20,000 registered merchant tenants, providing products such as mobile phones and accessories, computers and tablets, photography and aerial photography, health therapy, covering all major cities in the country. As of the nine months ended September 30, 2025, the company has 1.7 million paying users, with a daily average order volume exceeding 13,000.