Youfang Technology announced that the company held a board of directors and supervisors meeting on May 13, 2024 to review and pass a bill to terminate the issuance of A-shares to specific targets in 2023. On May 14, the company and sponsor, Caitong Securities, submitted the withdrawal of the issuance application documents and an application to cancel the sponsorship process to the Shanghai Stock Exchange. On May 22, the Shanghai Stock Exchange decided to terminate the review of the company's issuance of shares to specific targets.
有方科技：终止2023年度向特定对象发行A股股票事项
Youfang Technology: Terminate the issuance of A-shares to specific targets in 2023
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