Cambrian: apply to issue shares to specific objects and obtain approval from the Shanghai Stock Exchange.
On the evening of August 15th, the company announced that it had received feedback from the Shanghai Stock Exchange, confirming that the company's issuance of A shares to specific entities is in compliance with issuance, listing, and disclosure requirements. The final decision on whether or not to obtain approval from the China Securities Regulatory Commission for registration, as well as the timing, remains uncertain.
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