New Stock News | Linglong Tyre plans to list on the Hong Kong Stock Exchange, and the China Securities Regulatory Commission requires additional explanation on the share pledge situation of the controlling shareholder and its impact

Linglong Tyre plans to go public on the Hong Kong Stock Exchange, but the China Securities Regulatory Commission requires it to provide additional explanations regarding the share pledge situation of its controlling shareholder and its impact on the listing. The regulatory authority has requested legal opinions, verification of the reasons for inconsistencies between the filing report and the legal opinion, and clarification of the company's business scope and compliance with foreign investment regulations. Linglong Tyre is a global leading tire manufacturer, with products including various passenger and light truck tires, as well as truck and bus tires