New Stock News | Zhejiang Zhongjian Technology (002779.SZ) plans to list in Hong Kong. The China Securities Regulatory Commission requires a supplementary explanation of the actual controller of the company.

The China Securities Regulatory Commission (CSRC) issued the "Requirements for Supplementary Materials for Overseas Issuance and Listing Filing (January 26, 2026 - January 30, 2026)." The CSRC International Department has issued supplementary material requirements for 6 companies, including a request for Zhejiang Zhongjian Technology to provide additional information: the situation of the company's controlling shareholder's equity pledge before and after the issuance and listing, and the situation of the actual controller of the company. It is reported that Zhejiang Zhongjian Technology(002779.SZ) submitted an application to the Hong Kong Stock Exchange main board on November 25, 2025, with Ping An Securities (Hong Kong) and Sinolink (Hong Kong) Limited as joint sponsors. The CSRC has requested that Zhejiang Zhongjian Technology provide clarification on the following matters, and requires legal verification and clear legal opinions: 1. Please provide a supplementary explanation of the situation of the company's controlling shareholder's equity pledge before and after the issuance and listing, taking into account the reasons for the stock pledge, the debt repayment ability of relevant parties, and whether it may lead to a change in the issuer's control, which could result in a prohibition as stipulated in Article 8 of the Measures for the Administration of Domestic Enterprises' Overseas Issuance of Securities and Listing. 2. Please strictly follow the requirements of the "Guidelines for the Application of Regulatory Rules - Overseas Issuance and Listing No. 2: Guidelines for Material Content and Format for Filing" to provide supplementary information on the company's actual controller. According to the prospectus, Zhejiang Zhongjian Technology has been deeply involved in the outdoor power equipment industry for many years, and with continuous technological innovation and excellent product quality, it has grown to become a leading manufacturer of outdoor power equipment in China. Based on data from Zokui Consulting, in terms of global outdoor power equipment revenue in 2024, Zhejiang Zhongjian Technology ranks among the top ten outdoor power equipment manufacturers in China. Zhejiang Zhongjian Technology has independently developed and successfully launched the intelligent lawn mower Siasun Robot&Automation, which is similar to traditional outdoor power equipment products, and has expanded into the field of intelligent Siasun Robot&Automation starting from this point. The company is now focusing on building its second business segment, focusing on the research and manufacturing of advanced intelligent Siasun Robot&Automation. The company is committed to providing global users with efficient, environmentally friendly, and intelligent outdoor power equipment and intelligent Siasun Robot&Automation products through technological innovation and intelligent manufacturing. In August 2024, Zhejiang Zhongjian Technology successfully launched its first intelligent lawn mower Siasun Robot&Automation - UNICUT H1, with functions such as autonomous obstacle avoidance, precise and efficient mowing, adaptability to complex environments, and intelligent lawn maintenance planning. In the same month, the company also launched the four-legged Siasun Robot&Automation - Lingrui P1, which has advanced intelligent functions, excellent terrain adaptability, strong load capacity, and longer battery life. It can be widely used in high-risk environments such as industrial park management, fire safety and public safety, daily grid inspection, smelting plants, and hazardous chemical locations for patrol and other scenarios. The launch of Lingrui P1 indicates that the company's future business scope will break through the traditional application boundaries of outdoor power equipment products.