Wanlong Optoelectronics: Application for Extension to Respond to Major Asset Restructuring Inquiry Letter

Wanlong Optoelectronics announced that the company intends to issue shares and pay cash to acquire 100% of Zhejiang Zhongkong Information Industry Co., Ltd. and raise supporting funds. On July 13, it received a "Review Inquiry Letter" from the Shenzhen Stock Exchange, requiring a response within 30 days. Due to the need for further verification of certain matters, it is expected that a timely response will not be possible, and a request for an extension of no more than 30 days has been submitted to the Shenzhen Stock Exchange. A reply document will be submitted before the deadline expires. This transaction is still subject to review by the Shenzhen Stock Exchange and approval for registration by the China Securities Regulatory Commission, with uncertainty regarding whether approval will be granted and the timing thereof.