Tongfu Microelectronics Co.,Ltd. has announced that its plan for issuing shares to specific investors has been approved by the Shenzhen Stock Exchange and registered by the China Securities Regulatory Commission.
The company stated that, in accordance with relevant laws and regulations and the authorization from the shareholders' meeting, its board of directors will proceed with the issuance, registration, and listing procedures for this private placement within the stipulated timeframe and will fulfill its information disclosure obligations in a timely manner.
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