Novoray(SH:688300) Sou Hu Cai Jing·2025-10-23 09:43Group 1 - The core point of the article is that Lianrui New Materials (688300) has received approval from the Shanghai Stock Exchange's Listing Review Committee for its application to issue convertible bonds to unspecified objects, pending final approval from the China Securities Regulatory Commission (CSRC) [1][2] - As of October 23, 2025, Lianrui New Materials' stock closed at 54.8 yuan, down 1.69% from the previous trading day, with a total market capitalization of 13.233 billion yuan [1] - The stock opened at 55.52 yuan, reached a high of 55.52 yuan, and a low of 53.56 yuan, with a trading volume of 1.45 billion yuan and a turnover rate of 1.1% [1] Group 2 - The company will fulfill its information disclosure obligations in a timely manner based on the progress of the CSRC's decision regarding the registration approval [1] - There is uncertainty regarding whether the company will ultimately receive the CSRC's approval and the timeline for such approval [1]