According to the massive data announcement, the company's application for issuing A-shares to specific targets in 2026 was recently reviewed and approved by the Shanghai Stock Exchange. The Shanghai Stock Exchange believes that the application meets the issuance conditions, listing conditions and information disclosure requirements, and will be submitted to the China Securities Regulatory Commission for registration later. The offering is subject to a registration decision from the China Securities Regulatory Commission before it can be implemented.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.