Sichuan Hongda gets exchange approval for targeted share issuance

Sichuan Hongda has received the Shanghai Stock Exchange's (SSE) approval for its application to issue shares to specific investors, meeting issuance requirements and disclosure standards. The SSE will submit the application to the China Securities Regulatory Commission (CSRC) for registration. The share issuance is still subject to the CSRC's approval, and the company has alerted investors to potential risks. The company will comply with all information disclosure requirements.