Rayson HI-TECH gets CSRC filing notice: to issue up to 13.05m shares, 40 holders to convert 102.16m

NewTimeSpace News: On October 26, 2026, the International Cooperation Department of the China Securities Regulatory Commission (CSRC) issued a filing notice dated September 20 to Rayson HI-TECH(SZ) Co., Ltd. on its overseas offering and listing and the "full circulation" of its domestic unlisted shares, confirming the filing information. The company plans to issue not more than 13,053,800 overseas-listed ordinary shares and to list on the Stock Exchange of Hong Kong.

According to the notice, 40 shareholders will convert an aggregate of 102,160,000 domestic unlisted shares into overseas-listed shares for trading in Hong Kong. The largest single converter holds 38,285,753 shares, or about 37.48% of the total, followed by two other parties at 10,000,000 and 9,812,400 shares respectively, while a listed A-share company converts 3,523,216 shares.

The notice requires the company to report any material event through the CSRC's filing management information system before the offering and listing is completed, to report the completion within 15 working days thereafter, and to update its filing materials if the offering and conversion are not completed within 12 months and it intends to proceed. The notice only confirms the filing information and does not constitute any substantive judgment or guarantee by the CSRC on the investment value of the company's securities or on investors' returns.