New Stock News | DELTON plans Hong Kong IPO, China Securities Regulatory Commission requires explanation of whether there are circumstances preventing overseas issuance and listing for its domestic subsidiaries
On September 5th, the China Securities Regulatory Commission (CSRC) announced the supplementary material requirements for the filing of overseas issuance and listing (from August 29, 2025, to September 4, 2025). The CSRC requires DELTON to further explain whether its domestic subsidiaries fall under the circumstances prohibited from overseas issuance and listing as stipulated in Article 8 of the "Interim Measures for the Administration of Overseas Issuance of Securities and Listing by Domestic Enterprises." According to the Hong Kong Stock Exchange's disclosure on June 11th, DELTON submitted a listing application to the Hong Kong Stock Exchange, with CITIC Securities and HSBC as joint sponsors. At the same time, the CSRC requires DELTON to clarify whether the business scope and actual operations of the issuer and its subsidiaries involve areas prohibited or restricted for foreign investment as outlined in the "Special Management Measures for Foreign Investment Access (Negative List) (2024 Edition)." According to the prospectus, DELTON is a global leader in the manufacturing of key components for computing power servers, primarily engaged in the research and development, production, and sales of customized PCBs used in computing power servers and other computing power scenarios. The company provides PCBs for computing power scenarios, industrial scenarios, and consumer scenarios
According to the Zhitong Finance APP, on September 5, the China Securities Regulatory Commission (CSRC) announced the supplementary material requirements for the filing of overseas issuance and listing (from August 29, 2025, to September 4, 2025). The CSRC requires DELTON to further explain whether its domestic subsidiaries fall under the circumstances prohibited from overseas issuance and listing as stipulated in Article 8 of the "Interim Measures for the Administration of Overseas Issuance of Securities and Listing by Domestic Enterprises." According to the Hong Kong Stock Exchange's disclosure on June 11, DELTON (001389.SZ) submitted a listing application to the Hong Kong Stock Exchange, with CITIC Securities and HSBC as joint sponsors.
At the same time, the CSRC requires DELTON to clarify whether the business scope and actual operations of the issuer and its subsidiaries involve areas prohibited or restricted for foreign investment as outlined in the "Special Management Measures for Foreign Investment Access (Negative List) (2024 Edition)."
According to the prospectus, DELTON is a global leader in the manufacturing of key components for computing power servers, primarily engaged in the research and development, production, and sales of customized PCBs used in computing power servers and other computing power scenarios. The company provides PCBs for computing power scenarios, industrial scenarios, and consumer scenarios
