Yongshan Lithium announced that the company previously received an inquiry letter from the Shanghai Stock Exchange to review the application documents for issuing shares to specific targets, and has completed the inquiry response and disclosure. Now, based on the Shanghai Stock Exchange's further audit opinions and information such as the company's 2026 semi-annual financial data, etc., the company, together with intermediaries, has made additional updates to application documents such as responses to audit inquiries and recruitment brochures. The issue of issuing A-shares to specific targets has yet to be reviewed and approved by the Shanghai Stock Exchange and can only be implemented after registration with approval from the China Securities Regulatory Commission. There is uncertainty about the progress and timing of related matters.

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