Songfa Corporation: Approval obtained for issuing stocks to specific entities.

Songfa Corporation Announcement, recently received the "Approval of China Securities Regulatory Commission for Guangdong Songfa Ceramic Co., Ltd. to issue shares to specific objects", the main contents are as follows: "1. Approve your company's registration application for issuing shares to specific objects. 2. Your company shall strictly implement the application documents submitted to the Shanghai Stock Exchange and the issuance plan for this issuance. 3. This approval is valid for 12 months from the date of registration. 4. From the date of registration approval to the end of this issuance, if your company experiences significant events, it shall report to the Shanghai Stock Exchange in a timely manner and handle it in accordance with relevant regulations."