New Stock News | Grand Holding Plans Hong Kong IPO China Securities Regulatory Commission Requires Supplemental Disclosure of Overseas Investments by Overseas Subsidiaries.

According to the Wise Financial APP, on May 16th, the China Securities Regulatory Commission announced the requirements for supplementary materials for overseas issuance and listing record (May 12, 2025 - May 15, 2025). The CSRC requires Grand Holdings to provide supplementary explanations on the specific implementation of regulatory procedures such as overseas investments and foreign exchange registration by its overseas subsidiaries, and to issue conclusive opinions on compliance. According to the disclosure by the Hong Kong Stock Exchange on April 11th, Grand Holdings submitted an application for listing to the Hong Kong Stock Exchange, with Dahua Jixian as its exclusive sponsor and Lingfeng Capital as its exclusive financial advisor.