According to the announcement of Xinrui Co., Ltd., the company recently received approval from the Securities Regulatory Commission to register the company to issue shares to specific targets. The issuance shall be carried out in accordance with the application documents submitted to the Shanghai Stock Exchange and the issuance plan. The approval is valid for 12 months from the date of approval for registration. The board of directors of the company will handle relevant matters within the prescribed period and promptly fulfill the obligation to disclose information.

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