The company has announced that it recently received the approval document from the China Securities Regulatory Commission regarding the registration of its proposed share issuance to specific investors.
Jintuo Technology Co.,Ltd. (603211.SH) stated in a filing that the CSRC has agreed to register the company's application for issuing shares to designated targets.
The approval grants the company permission to proceed with its private placement of A-shares to selected investors, marking a key regulatory milestone for the proposed offering.