Friend's Shares: Receives Notice from Shenzhen Stock Exchange to Resume Review and Issue Shares for Purchasing Assets.

date
22/05/2026
Announcement from Youa Co., Ltd.: The company previously disclosed its intent to acquire 100% equity of Shenzhen Shangyangtong Technology Co., Ltd. through issuance of shares and cash payment, as well as to raise matching funds. Due to the expiration of financial data, the Shenzhen Stock Exchange suspended the review of this transaction in April 2026. Currently, the company and various intermediary institutions have completed the update of financial data and extended auditing, simultaneously updating and revising application documents and responding to review inquiries, and have submitted an application to the Shenzhen Stock Exchange for resuming the review. The company received a notice from the Shenzhen Stock Exchange on May 22, 2026, agreeing to resume the review. This transaction still requires approval from the Shenzhen Stock Exchange and registration approval from the China Securities Regulatory Commission before it can be implemented.