IPO News | Hanson Software Proposes Hong Kong Stock Listing, China Securities Regulatory Commission Requests Additional Explanation on the Use of Funds Raised

The Zhitong Finance App learned that on December 19, the China Securities Regulatory Commission issued the “Requirements for Supplementary Materials for Overseas Issuance and Listing Filing (December 15, 2025 to December 19, 2025)”. The International Department of the China Securities Regulatory Commission announced supplementary material requirements for 7 companies. Among them, Hanson Software was requested to provide additional information on matters such as the use of capital raised, the share of domestic stocks and H shares before and after this overseas offering and “full circulation”. According to the Hong Kong Stock Exchange's disclosure on October 30, Shenzhen Hanson Software Co., Ltd. submitted a listing application to the main board of the Hong Kong Stock Exchange, with Guojin Securities (Hong Kong) Limited and CITIC Securities as co-sponsors.

Please ask Hanson Software to provide additional information on the following matters, and ask a lawyer to check and issue a clear legal opinion:

1. Regarding the maximum number of issues issued by your company's current issuance plan, your company's filing report should be consistent with the prospectus. If there are any inconsistencies, please provide a revised filing report or prospectus. If the prospectus involves increasing the amount of current issuance and the scale of capital raised, please also update the plan for the use of funds raised.

2. Please explain in detail the use of capital raised by your company, whether it involves overseas investment, and whether it has completed the relevant approval, approval or filing procedures.

3. Please provide additional information on the proportion of domestic shares and H shares before and after the current overseas issuance and “full circulation” of your company.

4. Please provide additional information on whether the shares held by shareholders who intend to participate in the “full circulation” have been pledged, frozen, or have other rights defects.

5. Please provide additional information on: (1) the progress of the cancellation of your company's value-added telecommunications business; (2) the progress of payment of your company's capital increase to Hong Kong Hanson; (3) the progress of domestic approval or filing procedures for your company to invest in the establishment of US RuiPrint.

6. Please provide additional information on the specific situation and latest developments in the asset share repurchase dispute of former employees of your company's shareholding platform. Its impact on the application for “full circulation” of unlisted shares within your company may pose a material obstacle to this offering. Please ask your company and lawyers to express clear opinions.

According to the prospectus, Hanson Software is a full-chain digital printing solution provider, mainly providing printing control systems, printing infrastructure and innovative printing services. According to Frost & Sullivan data, the company ranked first among all independent printing control system suppliers in the world in terms of revenue in 2024.