Xianggang Technology announced that after receiving an inquiry letter from the Shanghai Stock Exchange to issue convertible corporate bonds to unspecified targets, the company worked with relevant intermediaries to implement the inquiries item by item, and has publicly disclosed the responses to the inquiry letter and other relevant documents as required. This convertible bond issue still needs to be reviewed by the Shanghai Stock Exchange and a registration decision approved by the China Securities Regulatory Commission before it can be implemented. There is uncertainty about whether it will eventually pass the review, registration, and timing.

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