On June 11, 2026, Zongheng Co., Ltd. disclosed that it had received, on the same day, an acceptance notification from the Shanghai Stock Exchange. The exchange had conducted a thorough review of the prospectus for the securities issuance by the listed company on the Science and Technology Innovation Board, as well as the associated application documents submitted by Zongheng Co., Ltd. After careful examination, the Shanghai Stock Exchange confirmed that the documents were complete and adhered to the statutory requirements. Consequently, it decided to accept the application and initiate the formal review process in accordance with regulatory provisions.

It is important to note that Zongheng Co., Ltd.'s current plan to issue A-share stocks to specific investors remains contingent upon further review by the Shanghai Stock Exchange and the subsequent registration approval from the China Securities Regulatory Commission before it can be implemented. As such, there remains a degree of uncertainty regarding whether the application will ultimately pass the review process and secure the necessary registration.