Baiyun Airport’s A-share issuance plan moves forward with exchange approval

Guangzhou Baiyun International Airport Co., Ltd. (the "Company") announced that its application for the issuance of A-shares to specific targets has received approval from the Shanghai Stock Exchange. The exchange confirmed that the application meets the necessary issuance, listing, and information disclosure requirements, and will be submitted to the China Securities Regulatory Commission (CSRC) for registration after receiving the Company's application documents.

This development marks a key milestone for the Company's proposed A-share issuance. However, the implementation of the issuance remains contingent upon receiving final approval for registration from the CSRC. The Company noted that there is still uncertainty regarding whether the CSRC will grant its approval and the timeline for such a decision.

Guangzhou Baiyun International Airport Co., Ltd. has committed to providing timely disclosure of information regarding the progress of this matter. Investors are advised to exercise caution and be aware of the investment risks involved.