Hong Kong IPO disclosure precedents · 13 companies, 17 items
work safety ('three simultaneities'), hazardous chemicals, fire-safety design/acceptance/filing, occupational health, accidents
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 MattersDuring the Track Record Period, the Company complied, in all material respects, with applicable laws and regulations in the PRC relating to health and occupational safety, and no adjudicated work-related injury incidents or fatalities occurred in the course of our operations.
Business · p. 183
In relation to our e-ink terminal device project, we did not adhere to the “Three Simultaneities” requirement for safe production.
Business · p. 190
based on (i) the confirmation from the relevant authority that in the absence of complaints, the authority would not proactively initiate investigations or impose administrative penalties and (ii) as of the Latest Practicable Date, we have not been subject to any administrative penalties in relation to work safety matters
Business · p. 190
The company's explanation, the adviser's view and the page in the filing: see Mattersour PRC Legal Advisor is of the view that, under the premise that the existing policies and regulations, as well as the current regulatory situation and practical practices of the competent safety production department, have not changed and there are no complaints, the risk of material administrative penalty in connection with it is low.
Business · p. 190
The company's explanation, the adviser's view and the page in the filing: see MattersWe hold valid safety production permits issued by the Department of Emergency Management of Guangdong Province for both open-pit mining operations and the operation of the Fandong Village Tailing Storage Facility.
Business · p. 140
As at the Latest Practicable Date, Kempur had not obtained the Production Safety Permit (安 全生產許可證) for hazardous chemicals required for the production of photoresists at the Kempur factory.
Business · p. 160
As at the Latest Practicable Date, Kempur had not obtained the
Risk Factors · p. 38
The company's explanation, the adviser's view and the page in the filing: see MattersKempur's failure to obtain the required Production Safety Permit does not constitute a material non-compliance and would not have material adverse effects on the operation of Kempur.
Business · p. 161
During the Track Record Period, there were two fatal accidents: (i) one in October 2024, caused by a malfunction of a lifting platform during the installation of lighting sensor lamps on a factory roof and the employee’s failure to follow prescribed operational procedures applying to such circumstances; and (ii) one in January 2026, caused by the employee’s failure to follow prescribed operational procedures.
Business · p. 167
The company's explanation, the adviser's view and the page in the filing: see MattersAs of the Latest Practicable Date, these incidents had been fully resolved and there had been no pending legal proceedings, enforcement actions or investigations related to these incidents.
Business · p. 167
During the Track Record Period, one of our subsidiaries was involved in a workplace accident at a project implementation site operated by a third party end customer in Shanghai, which resulted in one death and one injury and led to an administrative fine of RMB600,000 imposed on such subsidiary.
Risk Factors · p. 42
The company's explanation, the adviser's view and the page in the filing: see Mattersalthough our wholly-owned subsidiary, Shenzhen HAI Robotics, was imposed a fine of RMB600,000 by the competent authority in connection with the Incident, such penalty is not regarded as a material penalty in accordance with the provisions of applicable laws and as confirmed by the competent authority through interviews.
Business · p. 184
On April 20, 2023, the local emergency management bureau imposed an administrative penalty of RMB10,000 on the subsidiary for its failure to install safety warning signs in one of the hydrochloric acid tank areas within its production zone, in violation of Article 35 of the Work Safety Law of the PRC (2021 Edition) (the "2023 Incident").
Business · p. 214
Our subsidiary has fulfilled these administrative penalties in full in accordance with the requirements set forth in the penalty decisions, and took the following remedial measures to improve its compliance with work safety requirements, including (i) installing safety warning signs in relevant areas, (ii) accelerating the construction of the fire pump room (which was completed in December 2025), and (iii) engaging a qualified third-party service provider to inspect its fire protection facilities, who confirmed that based on inspection, the automatic sprinkler system had met applicable standards.
Business · p. 214
The company's explanation, the adviser's view and the page in the filing: see MattersAs advised by our PRC Legal Advisor, the administrative penalties imposed on the two incidents described above were not material in nature under the applicable laws and regulations.
Business · p. 214
On August 15, 2025, the local fire and rescue authority imposed an administrative penalty of RMB31,000 on the subsidiary for its failure to maintain fire protection facilities, including fire hydrants without water supply in the first and second floors of its quality inspection center, in good working order, in violation of Article 16 of the Fire Protection Law of the PRC (the "2025 Incident").
Business · p. 214
Our subsidiary has fulfilled these administrative penalties in full in accordance with the requirements set forth in the penalty decisions, and took the following remedial measures to improve its compliance with work safety requirements, including (i) installing safety warning signs in relevant areas, (ii) accelerating the construction of the fire pump room (which was completed in December 2025), and (iii) engaging a qualified third-party service provider to inspect its fire protection facilities, who confirmed that based on inspection, the automatic sprinkler system had met applicable standards.
Business · p. 214
The company's explanation, the adviser's view and the page in the filing: see MattersAs advised by our PRC Legal Advisor, the administrative penalties imposed on the two incidents described above were not material in nature under the applicable laws and regulations.
Business · p. 214
The company's explanation, the adviser's view and the page in the filing: see MattersIn light of these, our PRC Legal Advisor is of the view that we have complied in all material respects with the PRC laws and regulations on production and fire safety as of the Latest Practicable Date.
Business · p. 214
In December 2025, we experienced a work-related fatality involving the death of an employee in a traffic accident while on official business travel.
Business · p. 173
The incident did not result in any investigation or penalty. The incident has been recognized as a work-related injury by the Yulin City Human Resources and Social Security Bureau.
Business · p. 173
The company's explanation, the adviser's view and the page in the filing: see MattersDuring the Track Record Period, the Company recorded a total of four work-related injury incidents, including three incidents recorded in 2023 (two resulting from cultural and sports activities and one occurring during official business travel) and one production operation incident recorded in 2024.
Business · p. 174
During the Track Record Period, we recorded one work-related fatality in 2023 and 2024, respectively.
Business · p. 172
In connection with the 2023 incident, the Emergency Management Bureau of Zhuji City imposed an administrative fine of RMB475,000 on us in May 2023, and the incident was determined by the competent authorities to be a general work safety incident, being the lowest grade of work safety incident under the applicable PRC classification.
Business · p. 172
The company's explanation, the adviser's view and the page in the filing: see MattersIn connection with the 2024 incident, the Emergency Management Bureau of Lanzhou New Area imposed an administrative fine of RMB500,000 on us in September 2024.
Business · p. 172
The company's explanation, the adviser's view and the page in the filing: see MattersThe Emergency Management Bureau of Tongguan District, Tongling City fined Anhui Hailiang RMB30,000 in March 2025 for deficiencies in the cooling water system of a shaft furnace.
Business · p. 181
The company's explanation, the adviser's view and the page in the filing: see MattersOur PRC Legal Advisors, German Legal Advisors and Thai Legal Advisors, and our Directors have confirmed that, during the Track Record Period and up to the Latest Practicable Date, we have complied, in all material respects, with the applicable laws and regulations relating to occupational health and safety.
Business · p. 173
Due to the nature of our business, safety incidents occur at our resorts from time to time, including incidents over which we have no control.
Risk Factors · p. 31
The company's explanation, the adviser's view and the page in the filing: see MattersSuch incidents, including fatalities, occurred during the Track Record Period.
Risk Factors · p. 31
The company's explanation, the adviser's view and the page in the filing: see MattersDuring the Track Record Period and as of the Latest Practicable Date, we complied with the relevant occupational health and safety laws and regulations in the PRC and we did not have any incidents or complaints which had a material and adverse effect on our business, financial condition or results of operations during the same period.
Business · p. 221
In 2023 and 2024, we recorded four work- related injury incidents in each respective year, while no work-related fatalities occurred during either year.
Business · p. 199
In 2025, we recorded three work-related injury incidents, and no work-related fatalities occurred.
Business · p. 199
The company's explanation, the adviser's view and the page in the filing: see MattersNone of these incidents constituted material or serious safety accidents.
Business · p. 199
The company's explanation, the adviser's view and the page in the filing: see MattersFor example, in late 2025, a fire occurred at a third-party warehouse facility in the Middle East that was operated by a fulfilment service provider and used to store our products.
Risk Factors · p. 57