Baibang Technology announced that the company recently received the “Notice on Accepting Application Documents for Beijing Baihua Yuebang Technology Co., Ltd. to Issue Shares to Specific Targets” issued by the Shenzhen Stock Exchange. The Shenzhen Stock Exchange believes that the application documents are complete and has decided to accept them. The issue of issuing shares to specific targets has yet to be reviewed by the Shenzhen Stock Exchange and approved for registration by the China Securities Regulatory Commission before it can be implemented.

Baibang Technology announced that the company recently received the “Notice on Accepting Application Documents for Beijing Baihua Yuebang Technology Co., Ltd. to Issue Shares to Specific Targets” issued by the Shenzhen Stock Exchange. The Shenzhen Stock Exchange believes that the application documents are complete and has decided to accept them. The issue of issuing shares to specific targets has yet to be reviewed by the Shenzhen Stock Exchange and approved for registration by the China Securities Regulatory Commission before it can be implemented.