Quectel Wireless Solutions receives CSRC approval for 2025 A-share issuance

Shanghai Quectel Wireless Solutions Co., Ltd. announced on October 1, 2025, that it received approval from the China Securities Regulatory Commission (CSRC) on September 30, 2025, for the registration of its application to issue A-shares to specific subscribers for the year 2025. The approval permits Quectel Wireless Solutions to proceed with its proposed stock issuance.

The CSRC's approval is valid for 12 months from the date of registration. The company is required to strictly adhere to the submitted application documents and issuance plan for this offering. If any significant events occur between the approval date and the conclusion of this issuance, the company must promptly report them to the Shanghai Stock Exchange and handle them according to relevant regulations.

The company's board of directors will manage all aspects related to this A-share issuance within the specified timeframe, in accordance with the approval documents, relevant laws, regulations, and the authorization from its shareholders. Quectel Wireless Solutions also urged investors to be aware of the investment risks involved.