China Bester (SH:603220) Sou Hu Cai Jing·2025-10-31 14:36Core Points - Zhongbei Communication (603220) closed at 23.49 yuan on October 31, 2025, up 2.58% from the previous trading day, with a total market capitalization of 10.201 billion yuan [1] - The stock opened at 22.87 yuan, reached a high of 23.7 yuan, and a low of 22.81 yuan, with a trading volume of 334 million yuan and a turnover rate of 3.3% [1] Regulatory Approval - The company announced that it received approval from the China Securities Regulatory Commission (CSRC) for the registration of a stock issuance to specific investors [1] - The approval includes: 1) agreement to the company's application for stock issuance registration; 2) the issuance must strictly follow the submitted documents and issuance plan; 3) the approval is valid for 12 months from the date of consent; 4) the company must report any significant events to the Shanghai Stock Exchange before the issuance is completed [1] - Zhongbei Communication will proceed with the stock issuance in accordance with relevant laws, regulations, and shareholder meeting authorizations, and will fulfill information disclosure obligations in a timely manner [1]