Shiyai Technology: Science and Technology Innovation Board companies that were not profitable at the time of listing will be included in the Science and Technology Innovation Growth Market from the date of listing.

Visionary Technology announced that the application for the company's initial public offering of shares and listing on the Science and Technology Innovation Board has been approved by the Shanghai Stock Exchange Listing Review Committee and has obtained approval from the China Securities Regulatory Commission. This issuance will be conducted through a combination of strategic placement, offline inquiry placement, and online pricing issuance, with a total of 100 million shares to be publicly issued as new shares. The online issuance and offline issuance will be implemented on March 16, 2026 through the Shanghai Stock Exchange trading system and the Shanghai Stock Exchange internet trading platform, respectively. According to the "Self-Regulation Guidelines for Science and Technology Innovation Board Listed Companies No. 5 - Science and Technology Growth Board" of the Shanghai Stock Exchange, science and technology innovation board companies that are not profitable at the time of listing will be included in the Science and Technology Growth Board.