LOPAL TECH (02465) Receives SSE Acceptance for Private A-Share Placement Application

Stock News12-19 22:16

LOPAL TECH (02465) announced that on December 19, 2025, the company received the "Notice of Acceptance for Jiangsu Lopal Tech. Group Co., Ltd.'s Securities Issuance Application by Shanghai Mainboard Listed Companies" (SSE Review [Refinancing] No. 414 [2025]) from the Shanghai Stock Exchange (SSE).

The SSE reviewed the prospectus and related application documents submitted by the company for securities issuance by Shanghai mainboard listed companies in accordance with relevant regulations. The exchange confirmed the documentation was complete and compliant, deciding to accept and formally review the application.

The proposed private placement of A-shares remains subject to SSE approval and requires final registration approval from the China Securities Regulatory Commission (CSRC) before implementation. The ultimate success of both the SSE review process and CSRC registration approval remains uncertain.

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