Fosu Technology announced that on December 31, 2025, the company received the “Approval to Register the Issuance of Shares by Foshan Fosu Technology Group Co., Ltd. to Purchase Assets and Raise Supporting Funds” from the China Securities Regulatory Commission. According to the approval, it was agreed that the company would issue shares to 102 counterparties including Beijing Huahao Century Investment Co., Ltd. to purchase 100% of their total shares in Hebei Jinli New Energy Technology Co., Ltd., and raise no more than 1 billion yuan in supporting capital by issuing shares from Guangdong Guangxin Holding Group Co., Ltd.

Fosu Technology announced that on December 31, 2025, the company received the “Approval to Register the Issuance of Shares by Foshan Fosu Technology Group Co., Ltd. to Purchase Assets and Raise Supporting Funds” from the China Securities Regulatory Commission. According to the approval, it was agreed that the company would issue shares to 102 counterparties including Beijing Huahao Century Investment Co., Ltd. to purchase 100% of their total shares in Hebei Jinli New Energy Technology Co., Ltd., and raise no more than 1 billion yuan in supporting capital by issuing shares from Guangdong Guangxin Holding Group Co., Ltd.