Gosuncn subsidiary Chuanglian Technology eyes Beijing stock exchange listing

Gosuncn Technology Group announced that its controlling subsidiary, Chuanglian Technology, has signed a tutoring agreement with Shenwan Hongyuan Securities Underwriting & Sponsorship Co., Ltd. This agreement marks the start of Chuanglian Technology's preparations to issue shares to qualified investors and list on the Beijing Stock Exchange. Chuanglian Technology is currently listed on the innovation layer of the National Equities Exchange and Quotations (NEEQ) with stock code 873304.

Chuanglian Technology plans to submit its pre-listing tutoring record-filing materials to the Zhejiang Securities Regulatory Bureau. The company will provide timely updates through the NEEQ system and inform Gosuncn Technology Group as it progresses through the tutoring and listing application process, which will involve relevant review procedures and information disclosure.

The potential listing on the Beijing Stock Exchange carries inherent uncertainties, influenced by Chuanglian Technology's operational performance, market conditions, and regulatory approvals. There is a risk that the application may not pass the exchange's review or China Securities Regulatory Commission's registration, potentially leading to the failure of the offering. Gosuncn Technology Group will continue to fulfill its information disclosure obligations regarding any developments.