HKEX Censures Cloud Factory Technology Holdings and Four Directors for Prospectus Misstatements

Sat, 18 Apr 2026 16:38:41 +0000
Securities

HKEX censured Cloud Factory Technology Holdings Limited (Stock Code: 2512) and four of its directors for material misstatements in the company's prospectus and forecast memorandum during its listing process. The investigation found that the company failed to disclose bank loans and capital expenditure exceeding RMB160 million each, which were material transactions known to the directors. HKEX directed the company to appoint a compliance adviser and ordered all four directors to attend training.