Shenzhen Kaifa Technology's application for listing on the Chengdu Northern Exchange has been approved by the China Securities Regulatory Commission.

Shenzhen Kaifa Technology (000021.SZ) announced that its subsidiary, Chengdu Changcheng Development Technology Co., Ltd. ("Shenzhen Kaifa Technology Chengdu"), has been listed on the National Equities Exchange and Quotations (NEEQ) for small and medium-sized enterprises. The stock abbreviation is Development Technology, and the stock code is 873879. The company holds 69.72% of the shares of Shenzhen Kaifa Technology Chengdu. Shenzhen Kaifa Technology Chengdu is applying to publicly issue shares to qualified investors and list on the Beijing Stock Exchange. On February 28, 2025, Shenzhen Kaifa Technology Chengdu received approval from the China Securities Regulatory Commission for its registration for the public issuance of shares to qualified investors (CSRC License [2025] No. 372). The approval allows Shenzhen Kaifa Technology Chengdu to proceed with the public issuance of shares to qualified investors, following the prospectus submitted to the Beijing Stock Exchange and the underwriting plan. This approval is valid for 12 months from the date of registration approval.