Founder Technology's share issuance gets CSRC green light

Founder Technology Group Co., Ltd. announced on December 4, 2025, that it received the "Approval for the Registration of Founder Technology Group Co., Ltd.'s Non-Public Offering of Shares" from the China Securities Regulatory Commission (CSRC). This approval permits the company to proceed with its registered share issuance, which must strictly adhere to the submitted declaration documents and issuance plan.

The CSRC's approval is valid for 12 months from the date of consent. The company is obligated to report any significant events to the Shanghai Stock Exchange promptly during this period, until the completion of the issuance. Founder Technology Group commits to handling all related matters within the stipulated timeframe, as authorized by its shareholders, and will ensure timely information disclosure.

Investors are advised to exercise caution and be aware of investment risks. Joint sponsors for the offering include Guojin Securities Co., Ltd. and Huajin Securities Co., Ltd.