Aeolus Tyre receives approval from Shanghai Stock Exchange

Aeolus Tyre (SSE:600469) announced that the Shanghai Stock Exchange (SSE) has accepted its application for issuing A-shares to specific targets using a simplified procedure for the year 2024. The SSE confirmed that the application documents are complete and meet the required legal format. While this acceptance marks progress, the proposed issuance is still subject to further review by the SSE and approval from the China Securities Regulatory Commission (CSRC). The company cautioned investors that the final outcome and timeline remain uncertain, and it pledged to fulfill its disclosure obligations diligently.