Nine-Alliance Technology: Application to issue stocks to specific recipients approved.

Sina Finance reported on March 31st that JiuLian Technology announced that the company has received the approval from the China Securities Regulatory Commission for the issuance of shares to specific targets by Guangdong JiuLian Technology Co., Ltd. The company's board of directors will proceed with the issuance of shares to specific targets in accordance with the approval document, relevant laws and regulations, and the authorization from the company's shareholders meeting within the specified timeframe. The company will fulfill its disclosure obligations in a timely manner based on the progress of this matter.