Bailong Chuangyuan announced that the company recently received approval from the China Securities Regulatory Commission to register the company to issue convertible corporate bonds to unspecified targets. The issuance shall be carried out in strict 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. From the date of consent to registration until the end of the current issuance, if any important matter occurs, the company shall promptly report to the Shanghai Stock Exchange and deal with it in accordance with relevant regulations. The board of directors of the company will handle matters related to this issuance within the scope authorized by the shareholders' meeting, and will promptly disclose the progress in accordance with regulations in the future. Investors are kindly requested to pay attention to investment risks and invest rationally.

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