Shenzhen Everwin Precision: CSRC Requests Supplementary Materials on Offshore Subsidiary Compliance and Use of Proceeds
NewTimeSpace News: The International Department of the CSRC has publicly disclosed supplementary material requirements for overseas issuance and listing filings for 24-28 August 2026, under which Shenzhen Everwin Precision Technology Co., Ltd. is required to supplement two items.
The requirements include: explaining the business content of the Company's offshore subsidiaries and the specific procedures performed in respect of overseas investment and foreign exchange registration involved in establishing such subsidiaries, with a conclusion on compliance; and detailing the use of proceeds, including whether it involves overseas investment and whether the relevant approval, verification or filing procedures have been completed, with a commitment to repatriate all proceeds to China if such procedures have not been fully completed.
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