Pan-Asian Micro-Permeation: application for the issuance of stocks to specific entities has been approved by the China Securities Regulatory Commission.

Pan Asia Micro Infiltration announced that it has recently received the approval from the China Securities Regulatory Commission on the registration of the issuance of stocks to specific entities by Jiangsu Pan Asia Micro Infiltration Technology Co., Ltd. The approval allows the company to proceed with the registration application for issuing stocks to specific entities, and requires implementation in accordance with the submitted application documents and plans to the Shanghai Stock Exchange, with a validity period of 12 months. The board of directors of the company will handle relevant matters within the specified time limit and disclose information in a timely manner.