ZCZL Industrial Technology Group (00564) associate company's application for initial public offering of shares has been approved by the Shenzhen Stock Exchange Listing Committee.

ZCZL Industrial Technology Group (00564) announced that its subsidiary holding company Zhengzhou Coal Machine Emerging Industry Investment (Henan) Partnership Enterprise (Limited Partnership) (hereinafter referred to as "Emerging Industry Investment") affiliated with Luoyang Bearing Group Co., Ltd. (hereinafter referred to as "Luoyang Bearing") plans to apply for an initial public offering of shares and listing on the Shenzhen Stock Exchange's Growth Enterprise Market. According to the announcement on the Shenzhen Stock Exchange's public offering and listing review information website, on May 19, 2026, the Listing Review Committee of the Shenzhen Stock Exchange held the 25th review conference of the year to review Luoyang Bearing's application for an initial public offering of shares. According to the review results of the meeting, Luoyang Bearing meets the issuance conditions, listing conditions, and information disclosure requirements. Luoyang Bearing, formerly known as Luoyang Bearing Factory established in 1954, was one of the 156 key projects during China's "First Five-Year Plan". After more than 70 years of construction and development, its production and sales scale and supporting services capabilities are among the top in the comprehensive manufacturing enterprises in the Chinese bearing industry. It possesses the only national key laboratory in the bearing industry and is in a leading position in research and layout in the high-end bearing field in China. It still holds several records in the Chinese bearing industry. As of the date of this announcement, Emerging Industry Investment holds 90,018,000 shares of Luoyang Bearing, accounting for 15.003% of the total share capital before the issuance. The company holds 100% of the paid-in capital of the partnership enterprise owned by Emerging Industry Investment.