Core Viewpoint - The China Securities Regulatory Commission has approved Tongbao Optoelectronics' application for a public stock issuance to unspecified qualified investors, which may enhance the company's capital structure and growth potential [1] Group 1 - Tonglong Co., Ltd. announced that its associate company, Changzhou Tongbao Optoelectronics Co., Ltd., received approval for a public stock issuance [1] - The approval is documented in the regulatory notice numbered 3020, issued in 2025 [1] - Tongbao Optoelectronics is listed on the National Equities Exchange and Quotations system, with the stock code 833137 [1] Group 2 - As of the announcement date, Tonglong Co., Ltd. holds 2.35 million shares of Tongbao Optoelectronics, representing 4.17% of the company's total share capital before the issuance [1]
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