According to JPT's announcement, the company received an audit opinion from the Shanghai Stock Exchange on October 14, 2026. The company's application to issue shares to specific targets met the issuance conditions, listing conditions and information disclosure requirements, and the Shanghai Stock Exchange will submit it to the China Securities Regulatory Commission for registration after receiving the company's application documents. The issue of issuing A-shares to specific targets requires a decision from the China Securities Regulatory Commission to approve registration before it can be implemented. There is still uncertainty about whether and when approval for registration can be obtained in the end.

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