news flash·2025-07-15 14:06Core Viewpoint - The company plans to issue A-shares to its controlling shareholder, Suzhou Bubugao Investment Development Co., Ltd., which will increase the latter's shareholding to 34.26% after the issuance [1] Group 1: Share Issuance Details - The number of shares to be issued will not exceed 33.3857 million shares, accounting for no more than 30% of the company's total share capital before the issuance [1] - The issuance requires approval from the company's shareholders' meeting, exemption from making an offer to the subscriber, and approval from relevant regulatory bodies including the Shanghai Stock Exchange and the China Securities Regulatory Commission [1] Group 2: Shareholder Structure - After the issuance, the controlling shareholder's stake will increase, but there will be no change in the company's controlling shareholder or actual controller [1]