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Changdian Technology announced that the company previously reviewed proposals relating to the issuance of A-shares to specific targets in 2026. Recently, the company received approval from the State Council's State-owned Assets Administration Commission. The State Council's State-owned Assets Administration Commission agreed in principle to issue no more than 128 million A-shares and raise no more than 6.5 billion yuan in capital. The matter still needs to be reviewed and approved by the company's shareholders' meeting, reviewed and approved by the Shanghai Stock Exchange, and approved for registration by the China Securities Regulatory Commission before it can be implemented.
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Changdian Technology announced that the company previously reviewed proposals relating to the issuance of A-shares to specific targets in 2026. Recently, the company received approval from the State Council's State-owned Assets Administration Commission. The State Council's State-owned Assets Administration Commission agreed in principle to issue no more than 128 million A-shares and raise no more than 6.5 billion yuan in capital. The matter still needs to be reviewed and approved by the company's shareholders' meeting, reviewed and approved by the Shanghai Stock Exchange, and approved for registration by the China Securities Regulatory Commission before it can be implemented.
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