Norinco International's private share placement clears Shenzhen Exchange review

Norinco International Cooperation Ltd. announced on October 22, 2025, that its application for a non-public issuance of shares to specific targets has been approved by the Shenzhen Stock Exchange (SZSE) Listing Review Center. The SZSE's listing review body concluded that the company's application documents meet the issuance conditions, listing requirements, and information disclosure standards.

Following this approval, the SZSE will report the matter to the China Securities Regulatory Commission (CSRC) for the relevant registration procedures. Investors are advised that the implementation of this private placement is contingent upon receiving the CSRC's consent for registration, and the timing of such a decision remains uncertain.

Norinco International pledges to fulfill its information disclosure obligations promptly as the matter progresses and urges investors to exercise caution and be aware of investment risks.