Inspur Group: Approval for the application to issue convertible bonds to unspecified targets granted by the China Securities Regulatory Commission.

Sugon Technology Group announced that the company recently received approval from the China Securities Regulatory Commission to proceed with the registration application for issuing convertible corporate bonds to unspecified parties. The issuance must strictly adhere to the application documents submitted to the Shanghai Stock Exchange and the issuance plan. The approval is valid for 12 months from the date of registration. The Board of Directors will handle relevant matters within the scope of shareholder authorization and fulfill information disclosure obligations in a timely manner.