New Stock News | EVE plans to list on the Hong Kong Stock Exchange, China Securities Regulatory Commission requires supplementary explanation on the debt repayment ability of relevant entities, etc

According to the Zhitong Finance APP, on September 12, the China Securities Regulatory Commission (CSRC) announced the "Supplementary Material Requirements for Overseas Issuance and Listing Filing (September 5, 2025 - September 11, 2025)." Among them, the CSRC requires EVE (300014.SZ) to provide supplementary explanations regarding the debt repayment ability of relevant entities. It is reported that EVE submitted its listing application to the Hong Kong Stock Exchange main board on June 30, 2025, with CITIC Securities as the sole sponsor.

The CSRC requests EVE to supplement the following matters and asks the lawyer to verify and provide clear legal opinions:

1. Please explain the historical evolution of your company from its establishment to the overall change to a joint-stock company, and provide a clear conclusive opinion on the legality and compliance of the equity changes during this period.

2. Please supplement the specific basis that stock pledges will not affect the status of the controlling shareholder and actual controller, considering the reasons for stock pledges, contract performance, and the debt repayment ability of relevant entities.

3. Please describe the basic situation of your company's existing shareholders and the relationships or concerted actions among existing shareholders according to the "Guidelines for the Application of Regulatory Rules for Overseas Issuance and Listing No. 2." If verification is not possible, please explain the specific reasons.

4. Please supplement the situation of your company's subsidiaries and branches in the legal opinion according to the "Guidelines for the Application of Regulatory Rules for Overseas Issuance and Listing No. 2," and explain whether the business scope of your company and its subsidiaries and branches involves areas covered by the "Special Management Measures for Foreign Investment Access (Negative List) (2024 Edition)."

5. Please list and explain the comparison of the equity structure before and after this issuance under the conditions of not exercising the over-allotment option and fully exercising the over-allotment option.

6. Please explain whether your company is subject to the prohibitive circumstances stipulated in Article 8 of the "Trial Measures for the Administration of Domestic Enterprises Issuing Securities and Listing Overseas" in conjunction with the "Negative List for Market Access (2025 Edition)."

The prospectus shows that EVE is deeply engaged in the lithium battery field, promoting and penetrating through a three-dimensional research and development and market system, while possessing core technologies and comprehensive solutions for consumer batteries, power batteries, and energy storage batteries. The company has strong competitiveness in the three major business areas of consumer batteries, power batteries, and energy storage batteries, establishing a comprehensive R&D platform covering materials, battery cells, BMS, and systems, with products widely used in smart living, green transportation, and energy transition