Sbt Ultrasonic Technology Receives Shanghai Stock Exchange Approval for Private Placement

Stock News08-18 20:46

Sbt Ultrasonic Technology Co.,Ltd. (688392.SH) has announced that it received the review opinion from the Shanghai Stock Exchange on August 18, 2026, regarding its application for issuing A-shares to specific investors.

The exchange's review opinion stated that the company's private placement application meets the requirements for issuance conditions, listing conditions, and information disclosure. The Shanghai Stock Exchange will submit the application documents to the China Securities Regulatory Commission for registration after receiving the company's filing materials.

This approval marks a significant step forward in the company's capital-raising process, allowing Sbt Ultrasonic Technology Co.,Ltd. to proceed with its planned share issuance to qualified investors.

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