Jiangsu Lopal Tech. Group Co., Ltd. (LOPAL TECH) announced that it has obtained the “Approval Letter regarding the Consent for Jiangsu Lopal Tech. Group Co., Ltd. to Issue Shares to Specific Target” (Zheng Jian Xu Ke [2026] No. 548) from the China Securities Regulatory Commission (CSRC).

\n\nKey points • Approval scope: The CSRC has formally approved LOPAL TECH’s application to issue A shares to a specific target. • Compliance requirements: The issuance must be executed strictly in accordance with the application materials and issuance plan already filed with the Shanghai Stock Exchange. • Validity period: The approval is effective for 12 months from the date of issuance (31 March 2026). • Ongoing obligations: Until the issuance is completed, any material developments must be reported to the Shanghai Stock Exchange in a timely manner.

\n\nNext steps LOPAL TECH will proceed with the issuance within the approved timeframe, adhering to all regulatory requirements and ensuring continuous information disclosure. Investors are reminded to monitor subsequent filings for updates on the execution timetable and final terms of the share placement.

\n\nBoard composition (as of 31 March 2026) • Executive Directors: Shi Junfeng (Chairman), Lu Zhenya, Qin Jian, Shen Zhiyong, Zhang Yi • Non-executive Director: Zhu Xianglan • Independent Non-executive Directors: Geng Chengxuan, Hong Kam Le, Zhang Jinlong, Lu Jian

\n\nThis approval marks the culmination of a process that began with the Company’s initial announcement on 20 August 2025 and was endorsed by shareholders at the 17 September 2025 extraordinary general meeting. LOPAL TECH will release further details as the share issuance progresses.