Nanjing Securities' share issuance gets Shanghai Stock Exchange approval

Nanjing Securities Company Limited announced on September 30, 2025, that its application for a non-public offering of shares to specific investors has been approved by the Shanghai Stock Exchange. The exchange issued its "Review Opinion on Nanjing Securities Co., Ltd.'s Application for Non-Public Offering of Shares to Specific Investors" on September 29, 2025, confirming that the application meets the conditions for issuance, listing, and information disclosure requirements.

The company's board of directors assures that the announcement is free from false records, misleading statements, or significant omissions, and assumes legal responsibility for its truthfulness, accuracy, and completeness.

While the Shanghai Stock Exchange has provided approval, the share issuance is still contingent on registration consent from the China Securities Regulatory Commission (CSRC). Nanjing Securities explicitly states that the final decision and timing of CSRC approval remain uncertain. The company commits to timely information disclosure regarding further progress and advises investors to be aware of investment risks.