New Stock News | China Ding Intelligent Plans Hong Kong Stock IPO. China Securities Regulatory Commission requires explanation of the reasonableness of the stock price for new shareholders in the past 12 months.

According to the Wisdom Financial APP, on July 26th, the China Securities Regulatory Commission announced the requirements for supplementary materials for overseas issuance and listing filing (July 18, 2025 - July 24, 2025). The CSRC requested Zhongding Intelligent to provide supplementary explanations on the reasonableness of the prices at which new shareholders have entered in the past 12 months, the reasons for the differences in these entry prices, and to provide a clear conclusion on whether there is any benefit transfer. According to the Hong Kong Stock Exchange disclosure on May 9th, Zhongding Intelligent has submitted an application for listing, with Guotai Junan International as its exclusive sponsor.