BAIC BluePark gets CSRC approval for targeted share issuance

BAIC BluePark New Energy Technology Co., Ltd. announced on November 25, 2025, that it received approval from the China Securities Regulatory Commission (CSRC) for its application to issue shares to specific targets. The approval was issued on November 24, 2025.

The CSRC's approval explicitly consents to BAIC BluePark's registration application for the targeted share issuance. The company is mandated to implement this issuance strictly according to the application documents submitted to the Shanghai Stock Exchange and its approved issuance plan. This approval remains valid for 12 months from the date of consent.

BAIC BluePark is required to promptly report any significant matters occurring between the approval date and the completion of the issuance to the Shanghai Stock Exchange, handling them in accordance with relevant regulations. The company will proceed with the relevant matters concerning this targeted share issuance within the stipulated timeframe. Investors are advised to be aware of the investment risks.