On August 11, 2026, Liyang Chip (688135) made an announcement stating that it had been notified by the Shanghai Stock Exchange (SSE) that its application for securities issuance as a publicly listed company on the STAR Market had been accepted. The SSE determined that the application documents submitted by Liyang Chip were comprehensive and met all statutory regulations, prompting the decision to proceed with the application's review process. It's important to note that the private placement of A-shares to targeted investors will require both the SSE's approval and the China Securities Regulatory Commission's (CSRC) registration consent before it can be executed.