Gelonghui, March 27, 丨 Yaguang Technology (300123.SZ) announced that the company held the 19th meeting of the 5th board of directors and the 17th meeting of the 5th board of supervisors on March 26, 2024 to review and pass the “Proposal on Termination of Issuance of Shares to Specific Targets and Withdrawal of Application Documents”.

Since the company disclosed its plan to issue shares to specific targets, the company and relevant intermediaries have been actively promoting various tasks. Taking into account many factors such as current capital market policy changes, the company's development plan and market financing environment, the company decided to terminate the current issuance of shares to specific targets and apply to the Shenzhen Stock Exchange to withdraw the relevant application documents after thorough communication and careful analysis by all parties concerned.