QiPai Technology: Obtained approval for issuing stocks to specific entities.

Qipai Technology Announcement: Recently, the company has received approval from the China Securities Regulatory Commission for the registration of the issuance of stocks to specific investors by Qipai Technology Co., Ltd. The main contents are as follows: 1. Approval of the company's registration application for the issuance of stocks to specific investors. 2. This issuance should be conducted strictly in accordance with the submission of documents to the Shanghai Stock Exchange and the issuance plan. 3. This approval is valid for 12 months from the date of registration. 4. In the event of any significant events occurring from the date of registration to the end of this issuance, the company should promptly report to the Shanghai Stock Exchange and handle them in accordance with relevant regulations.