Dawei Co., Ltd. announced that the company recently received the “Approval for Registration of Shenzhen Dawei Innovation Technology Co., Ltd. to issue shares to specific targets” issued by the China Securities Regulatory Commission. The main contents include: agreeing to the company's registration application to issue shares to specific targets; the company's current issuance shall be carried out in strict accordance with the application documents submitted to the Shenzhen Stock Exchange and the issuance plan; the company shall complete the issuance payment within ten working days of making this approval. The board of directors of the company will handle matters related to this issuance within the specified period in accordance with relevant laws and regulations and the authorization of the shareholders' meeting.

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