Topuc CNC's Hong Kong IPO has been approved by the China Securities Regulatory Commission.

The International Cooperation Department of the China Securities Regulatory Commission issued a notice regarding the overseas issuance and listing of Shanghai Top-CNC Technology Co., Ltd. and the "full circulation" filing of domestically unlisted shares. The company plans to issue no more than 442,837,590 shares of overseas-listed common stock and list them on the Hong Kong Stock Exchange. A total of 44 shareholders of the company plan to convert their combined total of 306,142,904 domestically unlisted shares into overseas-listed shares and list them on the Hong Kong Stock Exchange for circulation.