Tianqi Co., Ltd.: Update on the Application Documents for Issuing Shares to Specific Objects

Tianqi Co., Ltd. announced that on April 30, the company received an inquiry letter from the Shenzhen Stock Exchange regarding the issuance of shares to specific targets. The company has responded and revised the application documents in collaboration with intermediary institutions. Recently, based on further review opinions from the Shenzhen Stock Exchange, the company has once again supplemented, updated, and revised the application documents including the fundraising prospectus and the inquiry letter response. This issuance still requires review by the Shenzhen Stock Exchange and approval for registration by the securities regulatory commission, and there is uncertainty regarding whether it will be approved and the timing of such approval.