An announcement has been issued regarding recent media coverage suggesting the withdrawal of a proposed A-share initial public offering application. The company wishes to inform its shareholders and potential investors that these reports are inaccurate, do not reflect the actual situation, and appear to involve malicious speculation. The proposed A-share issuance plan was reviewed and approved by shareholders at the 2025 annual general meeting held on June 22, 2026. According to information available on the official website of the China Securities Regulatory Commission, the preparatory work related to the proposed A-share issuance has been completed.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.