Longpan Technology (02465)'s application for a fixed increase in A-shares was accepted by the Shanghai Stock Exchange

Zhitong Finance App News, Longpan Technology (02465) announced that on December 19, 2025, the company received the “Notice on Accepting the Application for Issuance of Securities by Jiangsu Longpan Technology Group Co., Ltd. Shanghai Main Board Listed Company” (Shanghai Securities Review (Refinancing) [2025] No. 414) from the Shanghai Stock Exchange. The Shanghai Stock Exchange checked the prospectus and related application documents submitted by the company for securities issued by the Shanghai Main Board listed on the Shanghai Main Board. It believed that the application documents were complete and complied with the legal form, and decided to accept them and review them in accordance with the law.

The issue of the company's current issuance of A-shares to specific targets still needs to be reviewed and approved by the Shanghai Stock Exchange and approved for registration before it can be implemented. There is still uncertainty about whether it can ultimately pass the review by the Shanghai Stock Exchange and obtain approval for registration from the China Securities Regulatory Commission.