TUOPU GROUP (601689.SH): CSRC accepts H-share offering filing, up to 272,524,100 overseas-listed shares planned

NewTimeSpace News: On 10 November 2026, Ningbo Tuopu Group Co., Ltd. (601689.SH) disclosed on 9 November that it had recently received the Notice of Filing for Overseas Listing issued by the China Securities Regulatory Commission (the "CSRC") in respect of Ningbo Tuopu Group Co., Ltd. (Guohe Han [2026] No. 2553). The Company is carrying out work relating to its application to issue overseas-listed shares (H shares) and to list on the Main Board of The Stock Exchange of Hong Kong Limited. According to the filing notice, the Company proposes to issue not more than 272,524,100 overseas-listed ordinary shares and to list them on the Stock Exchange of Hong Kong.

The filing notice requires that, from the date of its issue until the completion of the overseas offering and listing, the Company shall report any material matters through the CSRC's filing management information system in accordance with the relevant provisions on overseas offerings and listings by domestic enterprises; that within 15 working days after completing the overseas offering and listing, the Company shall report the offering and listing through the same system and shall strictly comply with the relevant domestic and overseas laws, regulations and rules during the process; and that if the overseas offering and listing is not completed within 12 months from the date of issue of the filing notice and the Company intends to continue to pursue it, it shall update its filing materials.

The Company stated that the filing notice only confirms the filing information for the overseas offering and listing, and does not indicate that the CSRC has made any substantive judgment or guarantee on the investment value of the Company's securities or the returns of investors, nor does it indicate that the CSRC guarantees or affirms the truthfulness, accuracy and completeness of the Company's filing materials. The overseas offering and listing is still subject to approval by the Securities and Futures Commission of Hong Kong, The Stock Exchange of Hong Kong Limited and other relevant regulatory authorities and stock exchanges, and the matter remains subject to uncertainty. The Company will timely perform its information disclosure obligations in light of progress.