Ningbo Ocean (601022.SH) has obtained approval from the China Securities Regulatory Commission for its application to issue A-shares to specific objects.

Zhitong Finance APP News, Ningbo Ocean Shipping (601022.SH) announced that it has recently received a reply from the China Securities Regulatory Commission (referred to as "CSRC") regarding the approval of Ningbo Ocean Shipping Co., Ltd. to issue shares to specific objects. The companys application for stock registration to issuances to specific entities has been approved.