New Stock News | Icarus Plans IPO in Hong Kong; the Securities Regulatory Commission Requires an Explanation of the Reasonableness of the Investment Price of New Shareholders Added in the Last 12 Months

According to the Zhitong Finance APP, on August 7, the China Securities Regulatory Commission announced the supplementary material requirements for overseas issuance and listing filing for public comment (July 27, 2026 - August 7, 2026). The CSRC requires Icarus to provide a supplementary explanation on the reasonableness of the shareholding prices of newly added shareholders within the last 12 months, the reasons for the differences in these shareholding prices, and to issue a clear conclusive opinion on whether there is any transfer of benefits. According to the Hong Kong Stock Exchange's disclosure on April 23, Icarus submitted a listing application to the main board of the Hong Kong Stock Exchange, with Zhongtai International as the sole sponsor.