Shen Kai Group: The company's application for stock issuance has been accepted by the Shenzhen Stock Exchange.

Shen Kai Group Announcement, the company recently received a notice from the Shenzhen Stock Exchange (Shenzhen Stock Exchange Approval No. 2025-229) regarding the acceptance of the application documents for the issuance of shares to specific objects by Shanghai Shen Kai Petrochemical Equipment Co., Ltd. The Shenzhen Stock Exchange checked the application documents submitted by the company for the issuance of shares to specific objects through a simplified procedure, deemed the application documents complete, and decided to accept them. The company's issuance of shares to specific objects through a simplified procedure still needs to be approved by the Shenzhen Stock Exchange and receive the approval of the China Securities Regulatory Commission before it can be implemented. The final approval by the Shenzhen Stock Exchange and the approval of the China Securities Regulatory Commission and the timing thereof are still uncertain.