Zhitong Finance App News, Qipai Technology (688216.SH) announced that since the company reviewed and passed the bill to issue shares to specific targets through a simple procedure, the company's board of directors, management, and intermediaries have been actively promoting various tasks. Taking into account many factors such as the current capital market environment, the company's actual situation, and the company's development plan, after careful analysis by the company and communication and verification with intermediaries, it has now been decided to stop matters relating to issuing shares to specific targets in 2023 through simple procedures.