Capstone Technology: Update on the application for issuing shares to specific entities and caution on risks.

Guanshi Technology announced that the company received a review letter from the Shanghai Stock Exchange on January 16 regarding the application for issuing shares to specific objects. The company, together with the intermediary institution, has confirmed the response and supplemented and revised the application documents. Relevant announcements were disclosed on February 13. Based on further review opinions from the Shanghai Stock Exchange, the company has once again supplemented, updated, and revised the issues and application documents, and relevant announcements were disclosed on the same day. The issuance still needs to be approved by the Shanghai Stock Exchange and registered by the China Securities Regulatory Commission. The approval and timing are uncertain, and the company will promptly disclose any progress.