On January 9, the China Securities Regulatory Commission (CSRC) issued its "Requirements for Supplementary Materials for Overseas Issuance and Listing Filing (January 5, 2026 - January 9, 2026)." The CSRC's International Department requested supplementary materials from a total of 10 companies, including Anker Innovations, which was asked to provide further clarification on its overall overseas operations, among other matters. According to a disclosure by the Hong Kong Exchanges and Clearing Limited on December 2, Anker Innovations (300866.SZ) submitted its application to the Main Board of the HKEX, with China International Capital Corporation (CICC), Goldman Sachs, and J.P. Morgan acting as its joint sponsors.
The CSRC requested Anker Innovations to supplement and clarify the following items, and instructed its legal counsel to verify and provide a clear legal opinion: First, provide details on the specific circumstances of the issuer and its subsidiaries having business scopes that include "Geographic Remote Sensing Information Services; Socio-Economic Consulting Services," indicate whether these businesses are actually conducted and their specific operational status, confirm whether the necessary qualifications and permits have been obtained, and clarify if the business scopes and actual operations of the issuer and all its subsidiaries involve areas restricted or prohibited for foreign investment under the "Special Administrative Measures (Negative List) for Foreign Investment Access (2024 Edition)." Second, in accordance with the requirements of the "Applicable Regulatory Guidelines for Overseas Issuance and Listing No. 2: Guidelines on the Content and Format of Filing Materials," provide an explanation of the overall situation of overseas operations; specify the detailed uses of the raised funds and the proportion allocated for domestic versus overseas purposes, indicate whether there are plans to repatriate funds to China and the specific proportion to be repatriated, state whether the funds involve investment in overseas projects, and confirm whether the necessary approval/verification/filing procedures with the competent authorities have been completed.
According to its prospectus, Anker Innovations started with its Anker brand and has continuously expanded its product portfolio to cover areas including intelligent charging and energy storage, smart home innovation, and smart audio-visual products. The company currently operates three global brands—Anker, eufy, and soundcore—along with two core sub-brands, Anker SOLIX and eufyMake. It holds globally leading market shares in several key segments, including mobile charging, energy storage, smart home security, and wireless earbuds. Specifically, according to data from Frost & Sullivan, based on retail sales value, the company has consistently ranked second globally in the mobile charging product sector since 2020 and is also the largest independent mobile charging brand in both the global and North American markets. In 2024, the company held a 5.0% global market share for mobile charging products by retail sales value.
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