Suzhou Nanomicro Technology Co., Ltd. (SSE: 688690) announced on September 21 that it received a notification from the Shanghai Stock Exchange on September 21, 2026. The prospectus and related application documents submitted by the company for the private placement of A-shares to specific investors on the STAR Market were confirmed to be complete and compliant with legal requirements, and the exchange decided to accept the application for review in accordance with regulations.
The private placement of A-shares to specific investors is still subject to review by the Shanghai Stock Exchange and must obtain approval from the China Securities Regulatory Commission for the registration before implementation. There is uncertainty regarding whether the review and registration will ultimately succeed and when the relevant procedures will be completed.