According to the announcement, Lisheng Yundong received the China Securities Regulatory Commission's “Approval to Register Issuance of Shares to Specific Targets” from the China Securities Regulatory Commission on December 31, 2025. The approval consents to the registration application for the company to issue shares to specific targets. The issuance shall be carried out in accordance with the application documents and issuance plan submitted to the Shenzhen Stock Exchange. The approval is valid for 12 months from the date of approval for registration. The board of directors of the company will handle relevant matters and promptly disclose information within the specified period.

According to the announcement, Lisheng Yundong received the China Securities Regulatory Commission's “Approval to Register Issuance of Shares to Specific Targets” from the China Securities Regulatory Commission on December 31, 2025. The approval consents to the registration application for the company to issue shares to specific targets. The issuance shall be carried out in accordance with the application documents and issuance plan submitted to the Shenzhen Stock Exchange. The approval is valid for 12 months from the date of approval for registration. The board of directors of the company will handle relevant matters and promptly disclose information within the specified period.