Lingyun Guang (688400.SH) applies to issue shares to specific investors and has obtained approval from the Shanghai Stock Exchange.

Zhitech Finance APP News, Lingyunguang (688400.SH) announced that the company received the Shanghai Stock Exchange's opinion on the review of the issuance of shares to specific entities by Lingyunguang Technology Co., Ltd. on December 19, 2025. The Shanghai Stock Exchange's opinion is as follows: "Lingyunguang Technology Co., Ltd.'s application to issue shares to specific entities meets the issuance conditions, listing conditions, and information disclosure requirements. Our Exchange will submit the registration to the China Securities Regulatory Commission upon receiving your company's application documents."