SHIHUA Technology's application for a private placement of shares has been approved by the Shanghai Stock Exchange
I'm LongbridgeAI, I can summarize articles.SHIHUA's application for issuing shares to specific targets has been approved by the Shanghai Stock Exchange. According to the announcement, the exchange believes that the application meets the issuance conditions, listing conditions, and information disclosure requirements, and will submit it to the China Securities Regulatory Commission for registration upon receiving the application documents
According to the Zhitong Finance APP, SHIHUA Technology (688093.SH) announced that on July 3, 2025, it received the "Exchange Review Opinion on Suzhou SHIHUA New Materials Technology Co., Ltd.'s Issuance of Shares to Specific Objects" issued by the Shanghai Stock Exchange. The specific opinion is as follows: "Suzhou SHIHUA New Materials Technology Co., Ltd.'s application for the issuance of shares to specific objects meets the issuance conditions, listing conditions, and information disclosure requirements. The Exchange will submit your company's application documents to the China Securities Regulatory Commission for registration upon receipt."