ChangGao NEET announced that on August 14, 2025, the company received a notification from the Shenzhen Stock Exchange regarding the acceptance of the application documents for the issuance of convertible corporate bonds to unspecified objects. The Shenzhen Stock Exchange verified the application documents submitted by the company for the issuance of convertible corporate bonds to unspecified objects, deemed the application documents complete, and decided to accept them. This issuance still requires review by the Shenzhen Stock Exchange and approval from the China Securities Regulatory Commission for registration before it can be implemented, and there is uncertainty regarding whether it will pass the review and the timing of such approval