Hong Kong IPO disclosure precedents · 1 companies, 2 items
Production lines, plants or buildings put into use before obtaining completion acceptance (竣工验收), with quantified potential fines and remediation such as later obtaining acceptance and credit reports.
Compliance matters are read from filings since 24 August 2026.
During the Track Record Period, the production lines of rubber resins and additives and PBAT of the RA Chemical factory had been in use prior to obtaining the required acceptance of completed construction project.
Business · p. 143
Based on the total contract price of the relevant buildings, the maximum potential fines in respect of the above non-compliances are estimated to be approximately RMB7.3 million.
Business · p. 143
As at the Latest Practicable Date, we had obtained the relevant acceptance of completed construction project and building ownership certificate for the properties of RA Chemical.
In addition, the remaining buildings with approximately 1,435.96 sq.m. that were constructed after our acquisition of RA Zhenjiang had been in use prior to obtaining the required acceptance of completed construction project ("Post-acquisition Properties").
Business · p. 144
As at the Latest Practicable Date, we have obtained the building ownership certificate in respect of the Post-acquisition Properties.