--- title: "New Stock News | CFMEE plans to list on the Hong Kong Stock Exchange, and the China Securities Regulatory Commission requires supplementary explanations on the specific use of raised funds, etc" type: "News" locale: "en" url: "https://longbridge.com/en/news/263763854.md" description: "CFMEE plans to go public on the Hong Kong Stock Exchange, but the China Securities Regulatory Commission requires it to provide additional information regarding shareholders holding more than 5% of the shares, such as the basic situation of Asia Growth Capital and the specific use of the raised funds. The company submitted its listing application to the Hong Kong Stock Exchange on August 31, 2025, with China International Capital Corporation as its sole sponsor. The regulatory commission requires lawyers to verify and issue legal opinions to ensure that the company's business scope does not involve foreign investment restrictions and to clarify the fundraising projects and their approval status" datetime: "2025-10-31T13:34:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/263763854.md) - [en](https://longbridge.com/en/news/263763854.md) - [zh-HK](https://longbridge.com/zh-HK/news/263763854.md) --- # New Stock News | CFMEE plans to list on the Hong Kong Stock Exchange, and the China Securities Regulatory Commission requires supplementary explanations on the specific use of raised funds, etc According to the Zhitong Finance APP, on October 31, the China Securities Regulatory Commission (CSRC) announced the "Supplementary Material Requirements for Overseas Issuance and Listing Filing (October 27, 2025 - October 31, 2025)." Among them, it requires CFMEE (688630.SH) to provide additional explanations regarding the basic situation of its shareholders holding more than 5%, Aige Venture Capital, and the specific use of raised funds. It is reported that CFMEE submitted its listing application to the Hong Kong Stock Exchange main board on August 31, 2025, with China International Capital Corporation as its sole sponsor. The CSRC requests CFMEE to supplement the following matters and asks lawyers to verify and provide clear legal opinions: 1. Please provide the basic situation of your company's shareholder Aige Venture Capital, which holds more than 5% of the shares, in accordance with the shareholder verification requirements of the "Guidelines for the Application of Regulatory Rules - Overseas Issuance and Listing No. 2." 2. Please clarify whether your company and its subsidiaries' business scope and actual operations involve areas prohibited or restricted for foreign investment as per the "Special Management Measures for Foreign Investment Access (Negative List) (2024 Edition)." 3. Please specify the specific use of the raised funds, including fundraising projects, countries, and regions, and whether it involves situations that require overseas investment approval, authorization, or filing. The prospectus shows that CFMEE is a global leader in the direct write lithography industry, providing core equipment for the advanced information technology industry in the AI era. The company is committed to manufacturing, selling, and maintaining direct imaging and direct write lithography equipment for global customers, leveraging its mature capabilities in core high-precision micro-nano lithography technology research and development and applying its proprietary technology to various innovative applications. CFMEE has a complete research and development technical system architecture covering light sources and exposure engines, precision workpiece tables, alignment and focusing, data links, and system modular integration design. The company focuses on providing innovative, stable, and reliable micro-nano direct write lithography equipment, dedicated to maximizing value for its customers. During the track record period, the company's product portfolio mainly includes PCB direct imaging equipment and automatic line systems, as well as semiconductor direct write lithography equipment and automatic line systems ### Related Stocks - [688630.CN](https://longbridge.com/en/quote/688630.CN.md) ## Related News & Research - [Roger Stone allegedly threatened political retribution against Cuomo brothers, others in text messages](https://longbridge.com/en/news/286942036.md) - [01:00 ET"Greatest Tomatoes from Europe" Returns to the USA to Celebrate the Quality, Heritage, and Versatility of European and Italian Canned Tomatoes](https://longbridge.com/en/news/287007471.md) - [China's top flash-memory chipmaker YMTC begins pre-IPO coaching with investment bank](https://longbridge.com/en/news/286886037.md) - [Multitude acquires majority stake in Sortter Oy](https://longbridge.com/en/news/287058946.md) - [Microbiotica reports positive results for MB097 in advanced melanoma](https://longbridge.com/en/news/286740265.md)