Redboard Technology: Plans to issue 100 million shares.

Hongban Technology announcement, the company's initial public offering of 100 million RMB common shares and application for listing on the main board has been approved by the Shanghai Stock Exchange Listing Review Committee and has received registration approval from the China Securities Regulatory Commission. This issuance is underwritten and sponsored by Guolian Minsheng Securities Co., Ltd. The issuance price is 17.7 yuan per share. The online offering to eligible public investors holding non-restricted A shares in the Shanghai market and non-restricted depositary receipt market value, as well as the offline offering to qualified investors, will be implemented on March 27, 2026.