DeepCity: Application for issuing stocks to specific entities approved by the Shenzhen Stock Exchange.

Shen Cheng Jiaogong announced that on May 27, 2026, the company received a notice from the Shenzhen Stock Exchange listing review center, stating that its application to issue shares to specific entities has been approved. The company believes it meets the conditions for issuance and listing, as well as information disclosure requirements. Subsequently, the Shenzhen Stock Exchange will report to the China Securities Regulatory Commission to carry out the relevant registration procedures. This matter still requires approval from the China Securities Regulatory Commission before it can be implemented, and there is uncertainty regarding whether it will be approved and the timeline for this process.