Qipai Technology: 2026 Simple Procedure Private Placement Application Accepted by Shanghai Stock Exchange

Qipai Technology Announcement: The company has recently received a notification from the Shanghai Stock Exchange regarding the acceptance of Qipai Technology Co., Ltd.'s application for the issuance of securities on the Sci-Tech Innovation Board. The Shanghai Stock Exchange has verified the application documents submitted by the company for the issuance of A-shares to specific investors through a simplified process in 2026, and considers that the application documents are complete and meet the legal requirements. Therefore, it has decided to accept the application and will conduct a review in accordance with the law. This matter is subject to approval by the Shanghai Stock Exchange and registration consent from the China Securities Regulatory Commission before it can be implemented.