Del Corporation: Application for the issuance of shares to purchase assets and raise matching funds has been accepted.

date
19/06/2025
Deer Holdings announcement: The company plans to purchase 100% equity of Aizhuo Intelligent Technology Co., Ltd. held by Shanghai De'er Industrial Group Co., Ltd. and other transaction parties through the issuance of shares, and intends to issue shares to no more than 35 specific investors to raise supporting funds. On June 18, 2025, the company received a notice from the Shenzhen Stock Exchange regarding the acceptance of the application for the issuance of shares to purchase assets and raise supporting funds by Fuxin Deer Automotive Parts Co., Ltd. The Shenzhen Stock Exchange checked the application documents submitted by the company in accordance with relevant regulations, considered that the application documents are complete, and decided to accept them. This transaction still needs to be approved by the Shenzhen Stock Exchange and obtain the approval of the China Securities Regulatory Commission. There is still uncertainty about whether the transaction can pass the review and obtain registration, as well as the time it will take to pass the review and obtain registration.