The Zhitong Finance App learned that on June 21, the China Securities Regulatory Commission issued a notice on the requirements for filing supplementary materials for overseas issuance and listing (June 14, 2024 to June 20, 2024). Among them, the Securities Regulatory Commission issued supplementary material requirements for Xinzio Touring Car, involving matters such as explaining the compliance of the establishment of an equity structure. According to the Hong Kong Stock Exchange disclosure on May 28, New Geo Touring Car submitted a statement to the Hong Kong Stock Exchange main board, and Huatai International is its sole sponsor.

Specifically, the Securities Regulatory Commission announced that Xinzio Motorhome was requested to provide additional explanations on the following matters, and that lawyers were requested to conduct inspections and issue clear legal opinions:

The company is requested to further explain the following matters, and ask a lawyer to check and issue a clear legal opinion:

1. Request the company to explain the compliance of the shareholding structure establishment. (1) Concluding opinions on compliance with foreign exchange management and overseas investment procedures involving equity structure construction and return mergers and acquisitions of domestic natural persons and domestic institutions holding shares of your company through an overseas shareholding platform; (2) Concluding opinions on the legal compliance of the establishment of major domestic operating entities and successive equity changes; (3) fairness of asset transfer prices and tax payments corresponding to Xing Longcui's acquisition of Dai Delongcui's assets in accordance with the law; (4) The basis and incentives for the spouse and daughter of the actual controller of the company were not identified as joint actual controllers; (5) the rationality and incentive of the actual controller of the company; (5) the rationality and incentive for the spouse and daughter of the actual controller of the company to be the joint actual controller; (5) the rationality and incentive for the option plan Conclusiveness of legal compliance Opinions.

2. The company is requested to explain the reasons and compliance of the main domestic operating entity Xing Longcui's registered capital, which has a significant impact on the company's business operations and solvency.

According to the prospectus, New Geo Motorhomes is a leading motorhome platform with an extensive business network in Australasia that designs, develops, manufactures and sells custom trailer motorhomes. From conception to ownership, we provide planning for all aspects of the experience of motorhome owners and users.

According to Frost & Sullivan, the company ranked second in the market share of the motorhome industry in Australia in terms of 2023 sales volume. When designing motorhomes, we carefully provide the most suitable motorhome solutions for car owners in terms of comfort, safety, fashion, innovation, functionality and cost performance, and strive to create movable homes to provide a comfortable space for the body and mind.