Core Viewpoint - The company has decided to terminate the issuance of shares through a simplified procedure to specific targets due to various considerations including the current capital market environment and its own development plans [1][2]. Group 1: Basic Situation of Share Issuance - The company had previously obtained authorization from the shareholders' meeting to issue shares through a simplified procedure [1]. Group 2: Reasons for Termination - The decision to terminate the share issuance was made after careful analysis and communication with relevant parties, considering the capital market conditions and the company's actual situation [1][2]. Group 3: Review Procedures for Termination - The termination was approved in the 18th meeting of the sixth board of directors and the 12th meeting of the sixth supervisory board held on August 20, 2025, without needing further approval from the shareholders' meeting [1][2]. Group 4: Impact of Termination - The termination of the share issuance will not adversely affect the company's daily operations or business development, and it does not harm the interests of the company or its shareholders, particularly minority shareholders [2].
青龙管业: 关于终止以简易程序向特定对象发行股票事项的公告