35 Companies Successfully Complete Registration With The CSRC

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During the period from January to March 2024, a total of 24 companies successfully completed the filing procedures with the China Securities Regulatory Commission. However, as of April 30th, this number has increased to 35 companies. Specifically, 11 companies completed the filing in both January and February, while only 2 companies succeeded in March. April witnessed an additional 11 companies completing the filing, which is 9 more than the increase seen in March.

▲ Number of companies

▲ Companies’ Name

Here are the details of the three companies that completed the filing on April 22nd:

▲ HUHUTECH International Group Inc.

1.HUHUTECH International Group Inc. (虎虎科技国际集团)

On April 22, 2024, the China Securities Regulatory Commission issued a notice of filing for overseas issuance and listing for HUHUTECH International Group Inc. The company plans to issue up to 4,600,000 ordinary shares and list them on the Nasdaq Stock Market in the United States.

▲ Li Bang International Corporation Inc.

2.Li Bang International Corporation Inc. (利邦国际股份有限公司)

On April 22, 2024, the China Securities Regulatory Commission issued a notice of filing for overseas issuance and listing for Li Bang International Corporation Inc. The company plans to issue up to 5,750,000 ordinary shares and list them on the Nasdaq Stock Market in the United States.

▲ Pony AI Inc.

3.Pony AI Inc. (小马智行股份有限公司)

On April 22, 2024, the China Securities Regulatory Commission issued a notice of filing for overseas issuance and listing for Pony AI Inc. The company plans to issue up to 98,149,500 ordinary shares and list them on either the Nasdaq Stock Market or the New York Stock Exchange in the United States.

 

In summary, the number of companies completing the filing in April significantly increased compared to March. This suggests that more companies are accelerating the filing process after the initial stage. Considering this trend, it’s reasonable to predict that more companies will continue to complete the filing in the future, especially given the higher number of companies added in April compared to March. Therefore, it’s likely that more companies will complete the filing in the future.

Disclaimer: Hexcellence Consulting, a registered Malaysian company specializing in all aspects of going public in U.S. Capital Markets. The information herein is for informational purposes only and does not constitute legal, financial, or investment advice. While we prioritize accuracy, some data may be sourced from third-party reputable sources. Our views expressed here are our own and may not represent those of third parties or regulatory bodies.

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