The company's explanation, the adviser's view and the page in the filing: see MattersAs of the Latest Practicable Date, we had obtained the relevant construction land planning permit (建設用地規劃許可證), construction planning permit (建設工程規劃許可證) and construction permit (建築工程施工許可證) from the government authorities for such property under construction.
Business · p. 201
Owned property & construction permits
Hong Kong IPO disclosure precedents · 22 companies, 27 items
owned land or buildings without title certificates; construction without planning/construction permits; completion acceptance not done; idle land
Compliance matters are read from filings since 24 August 2026.
The company's explanation, the adviser's view and the page in the filing: see MattersAs of June 30, 2026, our Company and Major Subsidiaries had several ancillary structures in China with an aggregate area of approximately 3,000 sq.m. which had not obtained title certificates, because certain construction approval procedures had not been completed during construction.
Business · p. 152
We did not obtain the relevant construction permit or complete the final acceptance filing for our decoration project at the manufacturing facilities in Yulin, Guangxi Zhuang Autonomous Region (the “Yulin Project”) and the decoration project at our Nanjing headquarters (the “Nanjing Project”).
Business · p. 186
During the Track Record Period, the relevant construction permit or complete the final acceptance filing for our decoration project at the manufacturing facilities in Yulin, Guangxi Zhuang Autonomous Region (the “Yulin Project”), with an aggregate investment amount of approximately RMB565,000.
Business · p. 200
The company's explanation, the adviser's view and the page in the filing: see Mattersthe maximum aggregate penalty to which we may be exposed in respect of the Yulin Project and the Nanjing Project is approximately RMB1,011,300
Business · p. 201
As of the same date, our Company and Major Subsidiaries had one building in China, primarily for office use, with a gross floor area of approximately 44,612.60 sq.m. which had obtained the relevant underlying land title and construction approvals and had completed the construction completion filing.
Business · p. 152
The company's explanation, the adviser's view and the page in the filing: see MattersAs of the Latest Practicable Date, the application for this building’s title certificate was in process.
Business · p. 152
The company's explanation, the adviser's view and the page in the filing: see MattersAs confirmed by our PRC Legal Advisor, we had obtained valid legal titles to these properties and land use rights for the land occupied by these buildings, and that we are entitled to legally occupy, use, benefit from, transfer, lease, pledge or otherwise dispose of these properties.
Business · p. 202
The company's explanation, the adviser's view and the page in the filing: see MattersAs advised by our PRC Legal Advisers, we had obtained all the relevant property ownership certificates for the property we owned as required under the PRC laws and regulations during the Track Record Period and up to the Latest Practicable Date.
Business · p. 164
We had obtained the land use right certificates for all of our parcels of land in China.
Business · p. 175
The company's explanation, the adviser's view and the page in the filing: see MattersAccording to the opinion of our PRC Legal Advisor, we legally and validly own the land use rights to the above parcels in China.
Business · p. 175