Demingli: Application for Issuing Shares to Specific Targets Receives Registration Approval from the China Securities Regulatory Commission

Demingli announced that the company recently received the "Reply on Approving the Registration of Shenzhen Demingli Technology Co., Ltd. for Issuing Shares to Specific Targets" issued by the China Securities Regulatory Commission, approving the company's registration application for issuing shares to specific targets. The reply is valid for 12 months from the date of approval of registration. The company's board of directors will, in accordance with the reply document, relevant laws and regulations, and the authorization of the shareholders' meeting, handle matters related to this issuance of shares to specific targets within the prescribed period.