According to a report from Zhitong Finance APP, Shenzhen ysstech info-tech (300377.SZ) announced that the company received the "Approval for Shenzhen ysstech info-tech Co., Ltd. to Issue Stocks to Specific Objects" (Zheng Jian Xu Ke [2023] No. 2743) issued by the China Securities Regulatory Commission in December 2023, approving the company's application for stock issuance to specific objects, which is valid for 12 months from the date of approval (December 6, 2023).

After obtaining the approval document, the company has actively promoted the issuance of stocks to specific objects in collaboration with intermediaries, but due to changes in the capital markets environment and comprehensive assessments of issuance factors, the company did not implement the issuance within the validity period of the approval, and the approval automatically becomes invalid after expiration.