Liaoning SG Automotive Group terminates share issuance plan

Liaoning SG Automotive Group Co., Ltd. announced that its proposed 2024 private placement of shares has been terminated. The company's eleventh board of directors and supervisors approved the withdrawal of the application on November 10, 2025.

On November 11, 2025, Liaoning SG Automotive Group and its sponsor, Bank of China International Securities Co., Ltd., submitted applications to the Shanghai Stock Exchange (SSE) to withdraw the A-share issuance application and the sponsorship.

Subsequently, on November 12, 2025, the company received the SSE's "Decision on terminating the review of Liaoning SG Automotive Group Co., Ltd.'s issuance of shares to specific objects." In accordance with SSE rules for securities issuance and listing, the SSE decided to terminate the review of the company's private placement.