According to the Zhitong Finance App, Senba Sensor (300701.SZ) announced that the company plans to issue shares and pay cash to purchase 67.00% of the shares of Wuxi Gelinton Safety Equipment Co., Ltd. (“Greentong”), while raising no more than 10,593 million yuan in supporting capital from no more than 35 specific targets through bidding.

Recently, the company received the “Approval for Registration of Senba Sensor Technology Co., Ltd. to issue shares to purchase assets and raise supporting capital” issued by the China Securities Regulatory Commission (Securities Regulatory License [2023] No. 2659). The main contents of the approval document are as follows: “1. Agree that your company will issue 4,118,538 shares to Zhu Wei, 2,050,354 shares to Pan Jianxin, 1,878,430 shares to Lin Rongxiang, 1,878,430 shares to Lin Rongxiang, 1,413,598 shares to Wu Weining, 1,146,161 shares to Fan Jianping, 752,645 shares to Tang Rong, 741,184 shares to Yu Biao, and 620,349 shares to Wuxi Gan Technology Partnership (limited partnership) Registration application for the purchase of assets related to the purchase of shares. 2. Agree to the registration application for your company to issue shares to raise supporting capital of no more than 105.93 million yuan. 3. Your company's issuance of shares to purchase assets and raise supporting capital should be carried out in strict accordance with the relevant application documents submitted to the Shenzhen Stock Exchange. 4. Your company shall promptly fulfill its obligation to disclose information in accordance with relevant regulations. 5. Your company shall complete the relevant procedures for issuing shares in accordance with the relevant regulations. 6. This approval is valid for 12 months from the date it is issued. 7. During the implementation process, if important matters requiring disclosure by laws or regulations occur or major problems occur, your company should promptly report them to the Shenzhen Stock Exchange and deal with them in accordance with relevant regulations.”