Xiamen Xiangyu (600057.SH): Private placement application approved by China Securities Regulatory Commission.

Xiamen Xiangyu (600057.SH) released an announcement stating that the company has received the approval from the China Securities Regulatory Commission to issue shares to specific entities, as outlined in the "Approval for Xiamen Xiangyu Limited Company to Issue Shares to Specific Entities" (CSRC Permit [2025] No.1). The approval allows the company to proceed with its application to issue shares to specific entities.