Shenzhen Minde Electronics' Private Placement Application Clears Shenzhen Stock Exchange Review

Stock News

Sep 24

Shenzhen Minde Electronics Technology Ltd. (300656.SZ) has received approval from the Shenzhen Stock Exchange's listing review center for its proposed private placement of shares. The company announced that it obtained the official notification letter from the exchange's review center on September 23, 2026, regarding its application to issue shares to specific investors.

The Shenzhen Stock Exchange's issuance and listing review body examined the company's application documents for the private placement and concluded that the company meets the requirements for issuance conditions, listing conditions, and information disclosure standards. Following this review approval, the exchange will proceed to submit the application to the China Securities Regulatory Commission for the necessary registration procedures.

The review center's opinion confirmation letter marks a significant procedural milestone for the company's capital raising initiative, bringing it one step closer to completing the share issuance process pending final regulatory approval.

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