Jinggu Forestry's share issuance application terminated by SSE

Yunnan Jinggu Forestry Co., Ltd. [SSE:600265] announced that the Shanghai Stock Exchange (SSE) has terminated the review of its application for issuing A-shares to specific objects. The decision, referenced as 上证上审(再融资)(2025) 66 号, follows the company's earlier move to withdraw its application and related documents submitted on February 28, 2025. The initial decision to terminate the specific share issuance was made during the company's ninth board of directors meeting earlier in February. The company had also applied to have its sponsor, Huachuang Securities, removed from the project. The SSE's decision is based on the "Shanghai Stock Exchange Rules for the Review of Securities Listing and Issuance of Listed Companies" Article 19 and Article 63, which govern the termination of share issuance reviews.