DBG Technology gets SZSE nod for non-public share issuance

Huizhou Guanghong Technology Co., Ltd. (DBG Technology) announced on December 25, 2025, that it received a "Notification Letter of Audit Center Opinions" from the Shenzhen Stock Exchange (SZSE) on December 24, 2025. This letter indicates that the company's application for the non-public issuance of shares to specific objects has been deemed compliant with issuance conditions, listing conditions, and information disclosure requirements.

Following this notification, the SZSE will proceed to report to the China Securities Regulatory Commission (CSRC) for the required registration procedures. DBG Technology is mandated to make a temporary announcement, submit a registration draft of the prospectus and related documents within five working days, and provide a self-inspection table for integrity records. Additionally, the company must compile and submit supporting documents related to the audit inquiry responses within ten working days.

The non-public issuance of shares is still contingent on receiving a final registration approval decision from the CSRC. DBG Technology will continue to monitor the progress of this matter and fulfill its information disclosure obligations, advising investors to be aware of the inherent risks.