China Bester Group Telecom (603220.SH) has received approval from the Shanghai Stock Exchange for its private placement of shares.

China Bester Group Telecom (603220.SH) announced that on September 17, 2025, the company received a notice from the Shanghai Stock Exchange regarding the opinion of the exchange on the issuance of shares to specific parties by China Bester Group Telecom Limited. The specific opinion is as follows: "China Bester Group Telecom Limited's application to issue shares to specific parties meets the issuance conditions, listing conditions, and information disclosure requirements. We will submit the application documents to the China Securities Regulatory Commission upon receiving them from your company."