Aike Co., Ltd. (300889.SZ)'s share issuance for asset acquisition matter has obtained the registration approval from the China Securities Regulatory Commission.

Zhitong Finance APP News, EXC (300889.SZ) announced that the company plans to issue shares and pay cash to the shareholders of Dongguan Guixiang Insulation Material Co., Ltd. to purchase 100% equity of Dongguan Guixiang and raise supporting funds. The company recently received the "Approval Reply on Agreeing to the Registration of Shenzhen EXC Technology Co., Ltd.'s Share Issuance for Asset Purchase and Supporting Fundraising" issued by the China Securities Regulatory Commission, agreeing to the company's registration application for issuing shares to specific targets to purchase relevant assets, and agreeing to the company's registration application for issuing shares to raise supporting funds not exceeding 1.23 billion yuan.