BOFAY's application for a private placement of shares has been accepted by the Shenzhen Stock Exchange
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According to the Zhitong Finance APP, BOFAY announced that on October 16, 2025, the Shenzhen Stock Exchange (referred to as "SZSE") issued the "Notice on Accepting the Application Documents for Zhejiang BOFAY Electric Co., Ltd. to Issue Shares to Specific Objects" (Shenzhen Stock Review [2025] No. 186). The SZSE verified the application documents submitted by the company for the issuance of shares to specific objects through a simplified procedure, deemed the application documents complete, and decided to accept them
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