Jiusheng Electric: Private placement application approved by Shenzhen Stock Exchange review

Jiusheng Electric announced that on November 4, 2026, the company received a letter from the Listing Review Center of the Shenzhen Stock Exchange regarding the review opinion for the issuance of shares to specific targets. The issuance and listing review institution of the Shenzhen Stock Exchange considers that the company meets the issuance conditions, listing conditions, and information disclosure requirements, and will subsequently report to the China Securities Regulatory Commission in accordance with regulations to carry out the relevant registration procedures. This issuance of shares to specific targets still requires the approval and registration of the China Securities Regulatory Commission before it can be implemented. Investors are kindly reminded to be aware of investment risks.