Shenzhen Everwin Precision: CSRC Requests Supplementary Materials on Offshore Subsidiary Compliance and Use of Proceeds

NewTimeSpace News: The CSRC International Department has published supplementary material requirements for overseas listing filings, requiring Shenzhen Everwin Precision Technology Co., Ltd. to explain the business of its offshore subsidiaries and the compliance of overseas investment and foreign exchange registration procedures, as well as the use of proceeds and whether approval procedures for overseas investment have been completed.

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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