Zhida Technology's IPO and the full circulation of domestic shares not listed on the stock market have been approved by the China Securities Regulatory Commission.

The International Cooperation Department of the China Securities Regulatory Commission has issued a notice regarding the overseas issuance and listing of Shanghai Zida Technology Development Co., Ltd. and the "full circulation" filing of unlisted shares domestically. The company plans to issue no more than 20,627,100 overseas listed common shares and list them on the Hong Kong Stock Exchange. 24 shareholders of the company plan to convert a total of 53,809,907 unlisted domestic shares into overseas listed shares and have them listed for circulation on the Hong Kong Stock Exchange.