Jiahe Foods Industry's (605300.SH) private placement application has been approved by the China Securities Regulatory Commission.

Jiahe Foods Industry (605300.SH) announced that on January 16, 2025, the company received the approval from the China Securities Regulatory Commission (referred to as the "CSRC") for the issuance of shares to specific investors by Jiahe Foods Industry Co., Ltd. The main points of the approval are as follows: 1. The company is allowed to proceed with the issuance of shares to specific investors. 2. The issuance must be carried out strictly in accordance with the submission documents to the Shanghai Stock Exchange and the issuance plan. 3. This approval is valid for 12 months from the date of registration. 4. In the event of any significant developments during this period, the company must promptly report them to the Shanghai Stock Exchange and take necessary actions according to relevant regulations.