Betley announced that the China Securities Regulatory Commission approved the registration application for the initial public offering of shares of Suzhou Betley Polymer Materials Co., Ltd. and listing on GEM. The approval is valid for 12 months from the date of approval of registration. The company's current stock issuance shall be carried out in strict accordance with the prospectus and issuance and underwriting plan submitted to the Shenzhen Stock Exchange.

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