New Ziguang Optoelectronics plans to list on the US stock market, and the China Securities Regulatory Commission requires supplementary explanations regarding the registered capital contribution status of domestic operating entities, among other matters
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New Ziguang Optoelectronics plans to go public on NASDAQ, but the China Securities Regulatory Commission requires it to supplement the explanation regarding the registered capital contribution of its domestic operating entities. The regulatory commission issued supplementary material requirements for 18 companies, involving multiple aspects such as the pricing basis for equity acquisitions, reasons for capital reduction, and compliance with foreign exchange registration. The company focuses on the research and sales of transparent solar packaging adhesive films, with a projected revenue of 26 million USD in 2024
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