Shuanglin Co.,Ltd. (300100.SZ) Plans Hong Kong IPO; CSRC Requests Clarification on Business Scope Involving Restricted Sectors

Stock News12-12 20:00

On December 12, the China Securities Regulatory Commission (CSRC) released the "Supplementary Material Requirements for Overseas Listing Filings (December 8–12, 2025)." The CSRC's international department disclosed supplementary material requests for eight companies, including Shuanglin Co.,Ltd. (300100.SZ), which was asked to clarify whether its business scope involves sectors restricted or prohibited for foreign investment.

Shuanglin Co.,Ltd. submitted its application to the Hong Kong Stock Exchange on September 24, with CITIC Securities and GF Securities acting as joint sponsors. The CSRC requested the company to provide additional details and instructed legal counsel to verify and issue a clear legal opinion on the following matter: whether the business scope of Shuanglin Co.,Ltd. and its subsidiaries involves industries restricted or prohibited for foreign investment.

According to its prospectus, Shuanglin Co.,Ltd. is a global leader in manufacturing intelligent transmission and drive components. Leveraging strong innovation and production capabilities, the company supplies high-quality products to domestic and international automotive markets, including (i) intelligent transmission and drive components such as transmission assemblies, new energy drive systems, and wheel bearing parts, and (ii) interior and exterior trim components. The intelligent transmission and drive components segment serves as the company's strategic focus.

Beyond automotive parts like transmission assemblies, new energy powertrain systems, and wheel bearing components, the company has successfully expanded its product portfolio into key components for humanoid robot transmission systems and the low-altitude economy sector, utilizing technological synergies and process compatibility.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment