Recently, Guanshi Technology, a prominent domestic manufacturer specializing in semiconductor display devices, disclosed that on June 15, it obtained a review opinion from the Shanghai Stock Exchange. The opinion confirmed that its application for issuing A-shares to targeted investors complied with the stipulated issuance and listing conditions, as well as the information disclosure requirements. Following this, the Shanghai Stock Exchange will proceed to submit the application to the China Securities Regulatory Commission for registration in accordance with the established procedures, signifying a significant milestone in the progression of the private placement initiative. Guanshi Technology intends to raise an amount not exceeding 483 million yuan through this private placement, with the funds earmarked for the photomask manufacturing project and to bolster its working capital reserves.